529 plans - Worth it?

TheFORCETheFORCE Senior MemberMember Posts: 2,298 ■■■■■■■■□□
Has anyone used a 529 plan to pay for their own college expenses or opened one for their kids? Whats your take on this, are they worth it?

Comments

  • dave330idave330i Member Posts: 2,091 ■■■■■■■■■■
    Both of my kids have 529 setup. The first $4k/kid is tax deductible. It's not much, but every bit helps. Just make sure the 529 is good for any accredited college.
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  • SvobodaSvoboda Member Posts: 95 ■■□□□□□□□□
    dave330i wrote: »
    Both of my kids have 529 setup. The first $4k/kid is tax deductible. It's not much, but every bit helps. Just make sure the 529 is good for any accredited college.
    This. If you have kids and are a middle-class or higher earner, it makes no sense not to have one for them.
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