We just started the 529 too. The return is tax-deductible but your actual contribution is after-tax pay. However, depending on the state, your contribution may be deductible for income tax return too. I know it is deductible in Illinois but it is paid back via a refund. Roth IRA has restrictions - you cannot get it if you income is over a certain amount. Single filers: Up to $105,000 (to qualify for a full contribution); $105,000 –$120,000 (to be eligible for a partial contribution)[4] Joint filers: Up to $167,000 (to qualify for a full contribution); $167,000 –$177,000 (to be eligible for a partial contribution Roth IRA contribution is not tax deductible either.
r*v
6 楼
no. 就是邮寄
l*r
7 楼
thinking about it, but not yet you don't have to buy 529 from your state, you can buy any states' 529. they have different fees, options and historical performance I cannot figure out which to buy
the effect on financial aids is same as your other accounts.
【在 k******h 的大作中提到】 : 存这个是不是以后上大学就基本会申请不到奖学金啦?
s*i
28 楼
different things. Roth is your own retirement money. do not mix your retirement and your children's money. and your retirement should have higher priority.
【在 x****i 的大作中提到】 : 大家的意思是选529。 : 我只有一个孩子,收入符合Roth IRA full contribution的要求。
e*g
29 楼
是啊,如果可以存Roth,当然先maximize Roth.在税上,也是roth更有利。
higher
【在 s****i 的大作中提到】 : different things. Roth is your own retirement money. do not mix your : retirement and your children's money. and your retirement should have higher : priority.
p*t
30 楼
if your state offers prepaid tuition plan, go for it. It is a good deal.