#529-plan
#529-plan

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Clark Howard Says Dump Your Coverdell ESA for a 529 Plan: Here's Why

The Coverdell ESA is largely considered obsolete compared to the more flexible 529 college-savings plan.

An IRS Agent's Side Hustle, Anthropic's $300B Tender, & Can You Afford a $1.8M Home? - Ep 176

Coverage includes IRS moonlighting, managing overfunded 529s, investment diversification, insider purchase signals, selling private shares, Anthropic valuation, and high-income home affordability.

Law

fromPatently-O

4 months ago

Happy Thanksgiving: CLE and a Tax Question

US lawyers may use 529 plans to pay CLE tuition, raising questions about firm reimbursement and classification as client development.

from24/7 Wall St.

9 months ago

We're financially ready to retire, but are parents really spending $25k per year extra during college?

One Redditor suggested putting $50,000 into a 529 plan the day your child is born and then forgetting about it. Of course, you have to put the money into a good ETF for the funds to compound, but if you do that, you may have enough money for your child's college education.

Retirement

from24/7 Wall St.

10 months ago

$40K used cars, $200K in 529s, and $20K+ a year in extras-are we underestimating the real cost of college years?

"The Reddit user expressed concern that the $200K he saved might not be sufficient, as other parents reportedly provide significant financial support, including lavish spending on cars and extra allowances."