h****a
发帖数: 677 | | r****m
发帖数: 1204 | 2 Under the new tax law, 529 plan funds can be used to pay for private school
expenses, but I think it's still a 鸡肋, because:
1) Most plans don't have good fund choices and are often loaded with fees;
2) It's not easy to do asset reallocations as market situation changes; In
fact, as tax qualified plan, such frequently moves are disallowed.
3) If your investment has a loss, you can't claim a loss; technically you
can, but you have to close the account, and the loss has to be over 2% of
your AGI.
I can think of two ways 529 plan are worthwhile:
1) Your child is still very young and your investment time is long;
or
2) You need the money now to pay for private school or college, and your
state has a tax deduction for 529 contributions, you can do 快进快出, just
get the state tax benefits. | f*****g
发帖数: 736 | 3 learned the good point，thx
school
【在 r****m 的大作中提到】
: Under the new tax law, 529 plan funds can be used to pay for private school
: expenses, but I think it's still a 鸡肋, because:
: 1) Most plans don't have good fund choices and are often loaded with fees;
: 2) It's not easy to do asset reallocations as market situation changes; In
: fact, as tax qualified plan, such frequently moves are disallowed.
: 3) If your investment has a loss, you can't claim a loss; technically you
: can, but you have to close the account, and the loss has to be over 2% of
: your AGI.
: I can think of two ways 529 plan are worthwhile:
: 1) Your child is still very young and your investment time is long;
| f*****g
发帖数: 736 | 4 if in MD， Just receive this message: Save4College State Contribution
Program.
https://maryland529.com/MDMatch250
if you have kids and haven’t set up 529 or was setup after 12/31/2016,
your accounts are eligible for $250.00 state contribution.
So two parents with 2 kids, you can set up 2*2 accounts to get $2*2*250 = $
1000.00 from state.
good investment or not，need some suggestions.
school
【在 r****m 的大作中提到】
: Under the new tax law, 529 plan funds can be used to pay for private school
: expenses, but I think it's still a 鸡肋, because:
: 1) Most plans don't have good fund choices and are often loaded with fees;
: 2) It's not easy to do asset reallocations as market situation changes; In
: fact, as tax qualified plan, such frequently moves are disallowed.
: 3) If your investment has a loss, you can't claim a loss; technically you
: can, but you have to close the account, and the loss has to be over 2% of
: your AGI.
: I can think of two ways 529 plan are worthwhile:
: 1) Your child is still very young and your investment time is long;
| h****a
发帖数: 677 | 5 Thank you!
: if in MD， Just receive this message: Save4College State Contribution
: Program.
: https://maryland529.com/MDMatch250
:
: if you have kids and haven’t set up 529 or was setup after 12/31/
2016,
: your accounts are eligible for $250.00 state contribution.
: So two parents with 2 kids, you can set up 2*2 accounts to get $2*2*
250 = $
: 1000.00 from state.
: good investment or not，need some suggestions.
: school
【在 f*****g 的大作中提到】
: if in MD， Just receive this message: Save4College State Contribution
: Program.
: https://maryland529.com/MDMatch250
: if you have kids and haven’t set up 529 or was setup after 12/31/2016,
: your accounts are eligible for $250.00 state contribution.
: So two parents with 2 kids, you can set up 2*2 accounts to get $2*2*250 = $
: 1000.00 from state.
: good investment or not，need some suggestions.
:
: school
|
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