Comments on: 529 Plan Benefits Are Not Just for Kids

By: Ron Ablang

Ron Ablang — Sun, 06 Mar 2011 05:08:25 +0000

There are universities abroad that are accredited here in the U.S. Can my beneficiary use that money to attend accredited universities overseas? Where can I find more info on that?

By: Jeremy

Jeremy — Mon, 11 Dec 2006 18:16:04 +0000

I have heard of upromise but not the other ones. I will have to check them out, thanks for the heads up on those.

By: worriedaboutcollegedad

worriedaboutcollegedad — Mon, 11 Dec 2006 18:06:20 +0000

I have started a 529 plan for my kids – they are both 14 months old now. I hope to have enough saved by the time they reach 18 and head to college. have you heard of the services that put money into your 529 from shopping online like upromse? little grad? baby mint?

By: Lazy Man and Money

Lazy Man and Money — Tue, 05 Dec 2006 21:40:15 +0000

Thanks for the outstanding start on 529s. I had been thinking about them for some time. It’s a little too early for me to plan kids at this stage and I think I’m more or less done with school, so it’s good to know there are other reasons to look into it. I will have to investigate further.

By: moneysmartlife

moneysmartlife — Tue, 05 Dec 2006 21:28:18 +0000

I opened a 529 when I started studying for my Masters several years ago and contributed to it regularly. As it turns out, my employer covered all the costs of my degree so I didn’t have to dip into it.

Thanks to the ability of the 529 to change beneficiaries, I plan on converting it over to my new son to give him a head start on college savings!

I guess the moral of the story is if you plan on having kids someday, open a 529 and start contributing to it today! Of course, after you fund your retirement account, as we know, you can’t get a grant for retirement