Brownslave688
You want a toe? I can get you a toe.
Our CPA told us there's no real tax advantage to a 529 unless you want to lock your kid into going to a state specific school.
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- Thread starter Rhino3
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You can buy any TAP plan. It's not locking you into any state school. The only difference is your state may not give you a tax credit for participating in an out of state plan
It's like a Roth IRA for college
UpstateNYUPSer(Ret)
Well-Known Member
You should mind your own business.
UpstateNYUPSer(Ret)
Well-Known Member
Not true. Proceeds from a 529 can be used at any school, state or private, anywhere in the US.
Contributions to a 529, up to a maximum of $5K, can be deducted from your state income tax return.
You need to find a new CPA.
Brownslave688
You want a toe? I can get you a toe.
Yes. We went with Virginia because it's been one of the top rated plans for years.
The only way it would of been advantageous tax wise for us was to do Illinois and go to an Illinois state school.
Brownslave688
You want a toe? I can get you a toe.
Just trying to make sure you don't die broke old and lonely. But at this point all that's really left is to see if you get the "old" part.
UpstateNYUPSer(Ret)
Well-Known Member
Supposed Virginia has one of the best plans.
They use American funds.
The TAP program is broken up into two pieces.
One will let you buy a future college credit at today's prices.
The other part will let you save and you can use the money any college anywhere
UpstateNYUPSer(Ret)
Well-Known Member
At least I will die knowing that my granddaughter does not wear ugly bows when posing for overpriced pictures.
Brownslave688
You want a toe? I can get you a toe.
College is so overpriced there's a part of me that hopes my kids find a way to stick it to the man and succeed without it.
My kids are out of college. I watched it go up 6% or more every year.
No more dead days for you
Brownslave688
You want a toe? I can get you a toe.
Something has to give..... You can't have people making 30k out of school paying 100k+ in loans.
I worked my balls off and so did my kids.
They both walked out of college with 20k In loans
ManInBrown
Well-Known Member
Lol. This post has to be aimed at the poster I have on ignore. I don't even need to see the original post to know that.
Wilson1397
Half the lies they tell about me aren't true!!
So you're saying you have no balls?
Brownslave688
You want a toe? I can get you a toe.
Wifes purse.
Wilson1397
Half the lies they tell about me aren't true!!
LMAO
Indecisi0n
Well-Known Member
Community college to get your degree cheap. Seems like all people care about is having a degree not where it comes from.
They just hang a little lower
Brownslave688
You want a toe? I can get you a toe.
Very true but that's the BS thing about it you don't NEED a degree to do a lot of this stuff.
I have a friend that's in the tech industry. No real degree he took like a 6 months trade course. He says I can have my kid trained to write code by 14 at an acceptable level to work for these companies but now they all want 4 year degrees
