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Kid is 5 yrs old. Have $22,000 in her 529. Practically meaningless??

...
aquamarine stage queen of the night
  07/25/15
I put $500 a month in for each of my kids and it feels like ...
Claret Genital Piercing Parlour
  07/25/15
yeah, we put about $750 in. It is a joke
aquamarine stage queen of the night
  07/25/15
There really is no point. Unless you have liquid millions th...
glassy frum address jewess
  07/25/15
well, in 13 years, we will have liquid a couple of million. ...
aquamarine stage queen of the night
  07/25/15
proud of u dood congrats
glassy frum address jewess
  07/25/15
destroying your hopes and dreams for your kids' sake is noth...
aquamarine stage queen of the night
  07/25/15
...
costumed supple shrine half-breed
  07/25/15
...
sick vivacious office therapy
  10/23/15
...
Impressive mewling institution
  03/17/16
Honestly, that's not going to cut it by then.
Charismatic senate
  07/25/15
Try 500k
sick vivacious office therapy
  10/23/15
I am on the fence about contributing to these. On the one ha...
concupiscible fiercely-loyal garrison
  07/25/15
Some states like NY you get a state tax deduction. Also p...
primrose multi-colored locus partner
  07/25/15
Of course 529s are bullshit and we should get rid of them. I...
Plum Toilet Seat Mood
  07/25/15
The logic to it is that college is expensive and you want pa...
onyx flickering immigrant personal credit line
  07/25/15
As the evidence in this thread shows, only the extremely ric...
Plum Toilet Seat Mood
  07/25/15
What is your definition of extremely rich?
Claret Genital Piercing Parlour
  07/25/15
I don't want to get into that debate. There's no income ...
Plum Toilet Seat Mood
  07/25/15
explain the property tax thing, i don't get it
Smoky Medicated Native Foreskin
  07/26/15
Perhaps, but it is the middle class that relies on those tax...
onyx flickering immigrant personal credit line
  07/25/15
My point is, when you have no income cap on contributions, i...
Plum Toilet Seat Mood
  07/25/15
Income cap is senseless because it is really about wealth, n...
onyx flickering immigrant personal credit line
  07/25/15
Wealth cap would be better, good luck getting anything relat...
Plum Toilet Seat Mood
  07/26/15
I'm proud of you. This is good work. Except, don't be a ...
arrogant marvelous orchestra pit
  07/26/15
A bunch? We would do like 1 max if we had any.
onyx flickering immigrant personal credit line
  07/26/15
Poor people who don't go to college see their taxes raised? ...
titillating slate station
  07/25/15
This. 47% is bad politics but...truth hurts.
arrogant marvelous orchestra pit
  07/26/15
...
Bat-shit-crazy Sepia Nowag Abode
  07/26/15
See below. This line of thinking really irritated me. It see...
Plum Toilet Seat Mood
  07/26/15
Even if you pay literally no income taxes or get a credit, y...
Plum Toilet Seat Mood
  07/26/15
And why is it okay to boom it up in retirement through IRAs ...
titillating slate station
  07/25/15
...
zesty
  01/17/26
By the time your kid goes to college tuition will be complet...
Bespoke laughsome locale
  07/25/15
cr. there's going to be a backlash and there's going to be ...
Puce range famous landscape painting
  07/25/15
that would be a superb result
aquamarine stage queen of the night
  07/25/15
Why not a UTMA instead of a 529?
gold brunch goal in life
  07/25/15
...
razzle-dazzle useless brakes
  07/25/15
in 15 yrs college will become completely meaningless and you...
swashbuckling lake theater masturbator
  07/25/15
The tax penalty isn't any worse (and I believe is better) th...
Startling hospital windowlicker
  03/17/16
My kids will be raised from birth to understand that if they...
obsidian boistinker
  07/25/15
part of me respects this POV and part of me believes it is t...
Puce range famous landscape painting
  07/25/15
Its the only practical response to the insane cost of colleg...
obsidian boistinker
  07/25/15
meh that's not my kid's fault and i'm not going to sit at my...
Puce range famous landscape painting
  07/25/15
its not about principles. its about what I can afford. if...
obsidian boistinker
  07/25/15
my grandparents put 7 kids through public ivies on one incom...
Puce range famous landscape painting
  07/25/15
yeah man, there has totally been no tuition inflation betwee...
obsidian boistinker
  07/25/15
it's not as much as you think this particular school had ...
Puce range famous landscape painting
  07/25/15
I'd like to see a link showing this $2500 tuition in the 70'...
lilac point
  07/26/15
shut the fuck up boomer scum
trip cumskin legend
  07/26/15
look, my point is that we need to avoid the boomers' shittin...
Puce range famous landscape painting
  07/26/15
Yes, tell us all about 1980.
Big-titted lodge hairy legs
  07/26/15
why dont you have money?
Vigorous alcoholic shitlib
  07/26/15
Enlisting in the military is complete flame. No informed hum...
Impressive mewling institution
  07/25/15
Depends. If we are just coming out a major war, enlisting in...
aggressive forum
  07/26/15
we'll see what tuition looks like when the time comes I'l...
hairraiser cordovan sex offender lay
  10/23/15
Do colleges consider the money that you have saved up in you...
aggressive forum
  07/26/15
Yes, but as parent assets
Plum Toilet Seat Mood
  07/26/15
Explain. Does that affect the free money the kid gets? I don...
aggressive forum
  07/26/15
You're better off fully funding your retirement first becaus...
titillating slate station
  07/26/15
They take a percentage of parent assets (5.6% I believe) and...
Plum Toilet Seat Mood
  07/26/15
Saying anything is a fucking joke. Don't you pay attention? ...
impertinent vibrant principal's office
  07/26/15
...
aggressive forum
  07/26/15
Why bother saving that much money as a UMC parent for your k...
floppy field karate
  07/26/15
How much will big state u cost in 18 years?
Claret Genital Piercing Parlour
  07/26/15
As much as the private schools now
Shaky site
  03/16/16
If you make like 200k, you'd damn well better be able to pay...
Pale stage
  07/26/15
ljl in state tuition at big state u will be $140k/year in 13...
topaz digit ratio pisswyrm
  07/26/15
Job prospects for each?
Pale stage
  07/26/15
bigstate: KPMG/PWC accounting t50 private: t25 law school 4...
wonderful flesh patrolman coldplay fan
  10/23/15
why would someone pay that? doesn't it need to have some ...
hairraiser cordovan sex offender lay
  10/23/15
...
wonderful flesh patrolman coldplay fan
  10/23/15
was thinking about this too. I don't think it's worth puttin...
wonderful flesh patrolman coldplay fan
  10/23/15
I assume there will always be a use for the money. For exam...
primrose multi-colored locus partner
  10/23/15
Bothers the fuck out of me too.
Fear-inspiring pistol hunting ground
  03/16/16
You: slaving away to put money into your dotters college sav...
Sinister idea he suggested
  10/23/15
your child can get a cheap or free STEM education somewhere....
Excitant Sadistic Gaping Hissy Fit
  10/23/15
my in-laws faithfully save for my dotter via 529. I let the...
naked deranged jap
  10/23/15
the hardest STEM subjects to learn are those which benefit t...
costumed supple shrine half-breed
  03/17/16
Only gains get the 10% penalty if not used for education, so...
disrespectful comical gay wizard fat ankles
  03/15/16
One of the many problems with the Northeast is that the stat...
ivory clown
  03/16/16
College 15 years from now should be treated like a PhD progr...
Big-titted lodge hairy legs
  03/16/16
I hope you stashed some money in there when the market tanke...
Swollen rose indirect expression base
  03/16/16
stfu
fragrant hall organic girlfriend
  03/16/16
gotta love xoxohth
primrose multi-colored locus partner
  03/16/16
if higher education isnt 90% abolished in 20 years, we're do...
Fighting bronze market sandwich
  03/16/16
all i can say is in | state | tuition
Smoky Medicated Native Foreskin
  03/16/16
I'd save up enough to pay for state school. anything past th...
costumed supple shrine half-breed
  03/17/16
alright your kid is 15 now, how is the 529 going? glad you d...
richard clock
  01/17/26


Poast new message in this thread



Reply Favorite

Date: July 25th, 2015 8:13 PM
Author: aquamarine stage queen of the night



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411594)



Reply Favorite

Date: July 25th, 2015 8:33 PM
Author: Claret Genital Piercing Parlour

I put $500 a month in for each of my kids and it feels like pissing in the ocean.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411694)



Reply Favorite

Date: July 25th, 2015 8:38 PM
Author: aquamarine stage queen of the night

yeah, we put about $750 in. It is a joke

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411721)



Reply Favorite

Date: July 25th, 2015 8:34 PM
Author: glassy frum address jewess

There really is no point. Unless you have liquid millions they have to go somewhere they can get in for free

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411701)



Reply Favorite

Date: July 25th, 2015 8:39 PM
Author: aquamarine stage queen of the night

well, in 13 years, we will have liquid a couple of million. Hoping to get her 529 up to around $200k by then, and hopefully she gets in Berkeley or UCLA and they aren't much more.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411725)



Reply Favorite

Date: July 25th, 2015 8:39 PM
Author: glassy frum address jewess

proud of u dood congrats

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411729)



Reply Favorite

Date: July 25th, 2015 8:40 PM
Author: aquamarine stage queen of the night

destroying your hopes and dreams for your kids' sake is nothing to congratulate anyone on.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411731)



Reply Favorite

Date: July 25th, 2015 8:41 PM
Author: costumed supple shrine half-breed



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411735)



Reply Favorite

Date: October 23rd, 2015 10:36 AM
Author: sick vivacious office therapy



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#29027717)



Reply Favorite

Date: March 17th, 2016 1:14 AM
Author: Impressive mewling institution



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30076569)



Reply Favorite

Date: July 25th, 2015 10:08 PM
Author: Charismatic senate

Honestly, that's not going to cut it by then.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412206)



Reply Favorite

Date: October 23rd, 2015 9:23 AM
Author: sick vivacious office therapy

Try 500k

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#29027383)



Reply Favorite

Date: July 25th, 2015 8:37 PM
Author: concupiscible fiercely-loyal garrison

I am on the fence about contributing to these. On the one hand, I still have a mortgage, want to do home improvements and take vacations and shit rather than throwing money into these accounts. As it stands right now, we max out tax-advantaged accounts and generally save about $30,000 per annum on top of that. I haven't put anything into taxable investments yet (beyond savings accounts) as we have had to replace vehicles and save up for our house down payment. I'm a little mixed on taxable investment accounts anyway for a wage earning family like mine. I really don't know what to do with extra money but a Nevada 529 through Vanguard seems like a black hole unless you've got hundreds of thousands of taxable dollars you need to find a home for.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411718)



Reply Favorite

Date: July 25th, 2015 8:53 PM
Author: primrose multi-colored locus partner

Some states like NY you get a state tax deduction.

Also people making over 100k should think about contributing now because the dems have already made clear that they want to get rid of these for "rich" people.

That being said you shouldn't be going into credit card debt or whatnot to fund one of these things.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411783)



Reply Favorite

Date: July 25th, 2015 8:57 PM
Author: Plum Toilet Seat Mood

Of course 529s are bullshit and we should get rid of them. It has the bizarre effect of granting tax free treatment for expenses people would have paid regardless, then raises taxes on everyone else (poorer people who aren't going to college) to pay for it. There's no logic to it whatsoever.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411805)



Reply Favorite

Date: July 25th, 2015 8:59 PM
Author: onyx flickering immigrant personal credit line

The logic to it is that college is expensive and you want parents to pay for it by planning for it in advance rather than leaving kids to graduate with a mortgage worth of debt and a crap job, which will have terrible consequences for the next generation. This accomplishes that. Yes, some would have paid for it anyway, but some would not have.

Plus, few enough intelligent people have kids. Many don't or have fewer kids for financial reasons (I'm in that category myself). Minimizing the likely brewing idiocracy is probably a good idea.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411819)



Reply Favorite

Date: July 25th, 2015 9:04 PM
Author: Plum Toilet Seat Mood

As the evidence in this thread shows, only the extremely rich come at all close to covering the cost of college with a 529. Other people are paying more in taxes than they get in benefits to subsidize the rich who just run every single school expense through a 529.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411848)



Reply Favorite

Date: July 25th, 2015 9:07 PM
Author: Claret Genital Piercing Parlour

What is your definition of extremely rich?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411863)



Reply Favorite

Date: July 25th, 2015 9:58 PM
Author: Plum Toilet Seat Mood

I don't want to get into that debate.

There's no income limit for contributions though. So you have a lot of rich people who use it to run through educational expenses and for estate planning.

Then you have other people who are pinching and saving and think that it's a good thing that this exists because otherwise they could never afford it. That's bullshit, but they just don't understand the overall system. It's the same with property taxes. If you send the poorest homeowner a $100 property tax refund, they will vote for any property tax you want because they don't understand that it's benefiting the "rich" far more.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412152)



Reply Favorite

Date: July 26th, 2015 2:43 AM
Author: Smoky Medicated Native Foreskin

explain the property tax thing, i don't get it

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28413640)



Reply Favorite

Date: July 25th, 2015 10:10 PM
Author: onyx flickering immigrant personal credit line

Perhaps, but it is the middle class that relies on those tax savings much more.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412217)



Reply Favorite

Date: July 25th, 2015 10:23 PM
Author: Plum Toilet Seat Mood

My point is, when you have no income cap on contributions, it's a net loser for the middle class too (even though they're using the 529). They just don't realize it. Their other taxes are higher to make for the lost revenue from 529s.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412292)



Reply Favorite

Date: July 25th, 2015 10:24 PM
Author: onyx flickering immigrant personal credit line

Income cap is senseless because it is really about wealth, not income. What would you even set it at? $500K+? Most rich people get paid in cap gains so they would be well under that.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412302)



Reply Favorite

Date: July 26th, 2015 10:52 AM
Author: Plum Toilet Seat Mood

Wealth cap would be better, good luck getting anything related to wealth in the tax code within the next 50 years

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28414315)



Reply Favorite

Date: July 26th, 2015 2:18 AM
Author: arrogant marvelous orchestra pit

I'm proud of you. This is good work.

Except, don't be a POS. Have a bunch of kids. The dumbs are.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28413543)



Reply Favorite

Date: July 26th, 2015 2:38 AM
Author: onyx flickering immigrant personal credit line

A bunch? We would do like 1 max if we had any.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28413627)



Reply Favorite

Date: July 25th, 2015 11:01 PM
Author: titillating slate station

Poor people who don't go to college see their taxes raised? What taxes?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412484)



Reply Favorite

Date: July 26th, 2015 2:20 AM
Author: arrogant marvelous orchestra pit

This. 47% is bad politics but...truth hurts.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28413550)



Reply Favorite

Date: July 26th, 2015 2:33 AM
Author: Bat-shit-crazy Sepia Nowag Abode



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28413601)



Reply Favorite

Date: July 26th, 2015 10:26 AM
Author: Plum Toilet Seat Mood

See below. This line of thinking really irritated me. It seemed like cons said "Hey, the truth hurts" and Dems said "But it's mean!"

People who actually understand taxes don't care that it's mean. It was just a stupid statement and dead wrong. (That's without even getting into the insanity of someone making that statement who was born wealthy then made a fortune in PE on the back of carried interest).

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28414257)



Reply Favorite

Date: July 26th, 2015 10:15 AM
Author: Plum Toilet Seat Mood

Even if you pay literally no income taxes or get a credit, you still pay net taxes in property taxes (through rent or directly) and sales tax. Credit is designed to offset payroll taxes.

Plus, use taxes, gas tax, vehicle registration fees.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28414233)



Reply Favorite

Date: July 25th, 2015 11:02 PM
Author: titillating slate station

And why is it okay to boom it up in retirement through IRAs and 401(k)s, but 529s are somehow bad?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412491)



Reply Favorite

Date: January 17th, 2026 5:20 PM
Author: zesty



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#49597166)



Reply Favorite

Date: July 25th, 2015 8:57 PM
Author: Bespoke laughsome locale

By the time your kid goes to college tuition will be completely different. Don't be surprised if Harvard just changes its tuition to "whatever is in your parents 529 account plus 15k"

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28411803)



Reply Favorite

Date: July 25th, 2015 10:25 PM
Author: Puce range famous landscape painting

cr. there's going to be a backlash and there's going to be tuition-limiting legislation in the next 15-20 years.

the BERKELEY TO 90K A YEAR crowd is being silly.

i still have my wife's unused 529 and i'm funding my kid's. it will be easy to take advantage of the shitlibbery.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412306)



Reply Favorite

Date: July 25th, 2015 10:26 PM
Author: aquamarine stage queen of the night

that would be a superb result

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412312)



Reply Favorite

Date: July 25th, 2015 10:02 PM
Author: gold brunch goal in life

Why not a UTMA instead of a 529?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412175)



Reply Favorite

Date: July 25th, 2015 10:46 PM
Author: razzle-dazzle useless brakes



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412415)



Reply Favorite

Date: July 25th, 2015 10:51 PM
Author: swashbuckling lake theater masturbator

in 15 yrs college will become completely meaningless and you'll have to cash out with a tax penalty

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412431)



Reply Favorite

Date: March 17th, 2016 12:36 AM
Author: Startling hospital windowlicker

The tax penalty isn't any worse (and I believe is better) than cashing out a Roth or something.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30076301)



Reply Favorite

Date: July 25th, 2015 11:41 PM
Author: obsidian boistinker

My kids will be raised from birth to understand that if they don't earn a scholarship somewhere, they will need to go to community college or join the military because I ain't paying sticker for anything.

If I do end up saving something in a 529, it won't be enough to cover full freight anywhere, and it will be a backup plan for if they just get like 50% scholarship somewhere.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412744)



Reply Favorite

Date: July 25th, 2015 11:46 PM
Author: Puce range famous landscape painting

part of me respects this POV and part of me believes it is the epitome of boomer proledom

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412788)



Reply Favorite

Date: July 25th, 2015 11:46 PM
Author: obsidian boistinker

Its the only practical response to the insane cost of college.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412791)



Reply Favorite

Date: July 25th, 2015 11:48 PM
Author: Puce range famous landscape painting

meh that's not my kid's fault and i'm not going to sit at my beach house drinking a cocktail going "heh" while my kid is cannon fodder because of THE PRINCIPLES

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412801)



Reply Favorite

Date: July 25th, 2015 11:49 PM
Author: obsidian boistinker

its not about principles. its about what I can afford.

if I had a lot of money I would pay all my kids expenses plus give them a trust fund. the issue is I don't have a lot of money, so I can either live in abject poverty while saving for a $200,000 college degree, or I can give my kid a decent life for their first 18 years and then hope they're smart enough to earn a free ride somewhere

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412817)



Reply Favorite

Date: July 25th, 2015 11:52 PM
Author: Puce range famous landscape painting

my grandparents put 7 kids through public ivies on one income. it's about priorities.

and if you can't scramble up $200k 20 years from now through home equity or other loans even then you have real financial problems

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412844)



Reply Favorite

Date: July 25th, 2015 11:53 PM
Author: obsidian boistinker

yeah man, there has totally been no tuition inflation between now and your grandparents time

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412856)



Reply Favorite

Date: July 25th, 2015 11:57 PM
Author: Puce range famous landscape painting

it's not as much as you think

this particular school had ~$2500/year in-state tuition in the 70s. that's ~$12000 in 2015 dollars. it's now ~$28000. so it definitely has more than doubled, but it's not like it's 10X or something.

and my grandparents did it 7X.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412895)



Reply Favorite

Date: July 26th, 2015 10:33 AM
Author: lilac point

I'd like to see a link showing this $2500 tuition in the 70's.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28414267)



Reply Favorite

Date: July 26th, 2015 2:24 AM
Author: trip cumskin legend

shut the fuck up boomer scum

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28413557)



Reply Favorite

Date: July 26th, 2015 10:29 AM
Author: Puce range famous landscape painting

look, my point is that we need to avoid the boomers' shittiness. i.e. not buy 80k cars and houses in the Hamptons and then tell our kids "hey bro, community college or basic training! peace!"

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28414261)



Reply Favorite

Date: July 26th, 2015 2:49 AM
Author: Big-titted lodge hairy legs

Yes, tell us all about 1980.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28413662)



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Date: July 26th, 2015 6:25 PM
Author: Vigorous alcoholic shitlib

why dont you have money?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28416815)



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Date: July 25th, 2015 11:58 PM
Author: Impressive mewling institution

Enlisting in the military is complete flame. No informed human being who loves their children would do that.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28412908)



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Date: July 26th, 2015 11:06 AM
Author: aggressive forum

Depends. If we are just coming out a major war, enlisting in the military is credited because there isn't likely to be another war during your period of enlistment. On the other hand enlisting right when a NeoCon dumbass gets elected after a decade of shitlib rule: pepper angus.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28414366)



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Date: October 23rd, 2015 10:40 AM
Author: hairraiser cordovan sex offender lay

we'll see what tuition looks like when the time comes

I'll probably bribe my kids to take the biggest scholarship they can get at a state school

I'd rather just give my kids straight cash than throw it at the anything but a hypsmc type place

let them figure out something enterprising to do with it

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#29027737)



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Date: July 26th, 2015 11:07 AM
Author: aggressive forum

Do colleges consider the money that you have saved up in your 529s when determining how much grant/aid to provide?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28414370)



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Date: July 26th, 2015 11:09 AM
Author: Plum Toilet Seat Mood

Yes, but as parent assets

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28414380)



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Date: July 26th, 2015 11:11 AM
Author: aggressive forum

Explain. Does that affect the free money the kid gets? I don't understand the difference between parent assets and child assets for this purpose.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28414389)



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Date: July 26th, 2015 11:14 AM
Author: titillating slate station

You're better off fully funding your retirement first because the 529 assets are considered parent assets for financial aid. Retirement funds aren't.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28414398)



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Date: July 26th, 2015 11:15 AM
Author: Plum Toilet Seat Mood

They take a percentage of parent assets (5.6% I believe) and assume that portion can be spent on college costs. Child assets are going to get a higher percent applied to them (20 I believe)

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28414403)



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Date: July 26th, 2015 11:51 AM
Author: impertinent vibrant principal's office

Saying anything is a fucking joke. Don't you pay attention? Everyone gets bailed out at some point. You're a fucking idiot if you're financially responsible going to cheap schools and buying a house you can afford and shit. LOL at you

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28414570)



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Date: July 26th, 2015 6:13 PM
Author: aggressive forum



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28416741)



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Date: July 26th, 2015 6:24 PM
Author: floppy field karate

Why bother saving that much money as a UMC parent for your kid to go to Bucknell or Tufts or some shit middling college that costs 200K+? Just send them to the local CC and transfer to the state flagship or get a scholarship.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28416806)



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Date: July 26th, 2015 7:50 PM
Author: Claret Genital Piercing Parlour

How much will big state u cost in 18 years?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28417202)



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Date: March 16th, 2016 7:25 PM
Author: Shaky site

As much as the private schools now

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30073700)



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Date: July 26th, 2015 7:36 PM
Author: Pale stage

If you make like 200k, you'd damn well better be able to pay cash because your kids aren't getting a dime of tuition assistance outside of loans. This is part of why having kids is a cruel joke for the upper middle class

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28417114)



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Date: July 26th, 2015 8:47 PM
Author: topaz digit ratio pisswyrm

ljl in state tuition at big state u will be $140k/year in 13 years

a top 50 private school will set you back $370k/year

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28417468)



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Date: July 26th, 2015 8:54 PM
Author: Pale stage

Job prospects for each?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#28417499)



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Date: October 23rd, 2015 9:31 AM
Author: wonderful flesh patrolman coldplay fan

bigstate: KPMG/PWC accounting

t50 private: t25 law school 400k debt -> NOJERB

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#29027414)



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Date: October 23rd, 2015 10:42 AM
Author: hairraiser cordovan sex offender lay

why would someone pay that?

doesn't it need to have some connection with an expected ROI?

seems like we're well past a reasonable expected ROI now

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#29027747)



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Date: October 23rd, 2015 10:57 AM
Author: wonderful flesh patrolman coldplay fan



(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#29027822)



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Date: October 23rd, 2015 9:19 AM
Author: wonderful flesh patrolman coldplay fan

was thinking about this too. I don't think it's worth putting a dime in one. College tuition rates way outpace inflation. There's going to be a reckoning and shit's going to hit the fan sooner rather than later. No one can afford what tuition is going to be in 10 years.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#29027373)



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Date: October 23rd, 2015 9:51 AM
Author: primrose multi-colored locus partner

I assume there will always be a use for the money. For example I think you can use it to pay for school books and some room and board.

Also the penalty for removing assets from a 529 is 10%. You have to pay income tax on the gains. It might all be fine given that you had tax deferral on the gains.

What I hate about our tax system is there are all of these guessing games we are expecting the average joe to make with no information. Roth or traditional IRA / 401k? How much to put in my flex account this year? Oh but the dependent flex account has different rules than the normal flex account? Oh what about the transit account - that's completely different! And if you make a mistake the tax consequences are tremendous. The tax code shouldn't force you to make decisions which are basically gambling.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#29027497)



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Date: March 16th, 2016 12:02 AM
Author: Fear-inspiring pistol hunting ground

Bothers the fuck out of me too.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30068198)



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Date: October 23rd, 2015 9:28 AM
Author: Sinister idea he suggested

You: slaving away to put money into your dotters college savings plan.

Her: Taking 9 inches of Darnell's cock "hehe stop my dad is calling"

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#29027409)



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Date: October 23rd, 2015 10:05 AM
Author: Excitant Sadistic Gaping Hissy Fit

your child can get a cheap or free STEM education somewhere. maybe even distance learning with the rise of the MOOC. don't waste your money

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#29027559)



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Date: October 23rd, 2015 10:08 AM
Author: naked deranged jap

my in-laws faithfully save for my dotter via 529. I let them because it may come in handy, but I think education will be a very different enterprise in 17 or so years.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#29027577)



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Date: March 17th, 2016 12:04 AM
Author: costumed supple shrine half-breed

the hardest STEM subjects to learn are those which benefit the most from IRL feedback and projects. good fucking luck autodidacting electrical engineering through a MOOC. not to mention it takes an enormous amount of self discipline to sit in front of a computer and teach yourself something difficult.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30076019)



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Date: March 15th, 2016 11:47 PM
Author: disrespectful comical gay wizard fat ankles

Only gains get the 10% penalty if not used for education, so who gives a shit.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30068068)



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Date: March 16th, 2016 12:25 AM
Author: ivory clown

One of the many problems with the Northeast is that the state universities aren't well respected. If I have children, I would love to have them go to the Ivies, but if they can't get in, a chill Southern ACC or SEC school is a reasonable option, and some place like Emory or Wake Forest would be hard to justify, at least financially. By contrast, someone in the Northeast who is choosing between Syracuse and UMass seems to have a tougher call to make.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30068419)



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Date: March 16th, 2016 12:58 AM
Author: Big-titted lodge hairy legs

College 15 years from now should be treated like a PhD program. If you can't go for free, you shouldn't be going.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30068671)



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Date: March 16th, 2016 7:03 PM
Author: Swollen rose indirect expression base

I hope you stashed some money in there when the market tanked. I stashed away $50k when s&p hit 1850.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30073544)



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Date: March 16th, 2016 7:32 PM
Author: fragrant hall organic girlfriend

stfu

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30073767)



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Date: March 16th, 2016 7:56 PM
Author: primrose multi-colored locus partner

gotta love xoxohth

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30073946)



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Date: March 16th, 2016 7:39 PM
Author: Fighting bronze market sandwich

if higher education isnt 90% abolished in 20 years, we're doing it wrong in this country

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30073838)



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Date: March 16th, 2016 11:58 PM
Author: Smoky Medicated Native Foreskin

all i can say is

in | state | tuition

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30075988)



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Date: March 17th, 2016 12:05 AM
Author: costumed supple shrine half-breed

I'd save up enough to pay for state school. anything past that and they can pay unless they get in to MIT.

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#30076029)



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Date: January 17th, 2026 5:21 PM
Author: richard clock

alright your kid is 15 now, how is the 529 going? glad you did it?

(http://www.autoadmit.com/thread.php?thread_id=2945918&forum_id=2Reputation#49597171)