Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Politics and Other Controversies
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Reply Start New Thread
 
Old 12-24-2017, 01:32 PM
 
12,905 posts, read 15,612,763 times
Reputation: 9393

Advertisements

Quote:
Originally Posted by 1grin_g0 View Post
I was only pointing out the obvious. Statistically, if you were anywhere near the median household income for your area, then quite a few families would have been able to benefit under this new law. Many couples are having kids later in life, meaning they are in good financial shape and may be able to afford front loading a 529 plan. That is the position that we are in.
I agree that there are those people. I'm just not one of them! My kids went to Catholic private schools and, at least the schools we were in, were filled with people just getting by and hoping they could save enough for college. I think those that can front load a 529 plan are the exception and not the norm.
Reply With Quote Quick reply to this message

 
Old 12-24-2017, 01:50 PM
 
1,400 posts, read 859,571 times
Reputation: 824
Quote:
Originally Posted by ChristineVA View Post
I agree that there are those people. I'm just not one of them! My kids went to Catholic private schools and, at least the schools we were in, were filled with people just getting by and hoping they could save enough for college. I think those that can front load a 529 plan are the exception and not the norm.
I think that's awesome. I'm sure your sacrifice will be well worth it in the end. I managed to survive a horrible and dangerous public school system, and we will do anything to ensure that our kids don't have to experience that. Hopefully, Congress will continue to throw a few crumbs our way!
Reply With Quote Quick reply to this message
 
Old 12-24-2017, 02:06 PM
 
9,617 posts, read 6,044,142 times
Reputation: 3884
Regarding-subsidized, as in tax deductibility 529 plans. Are not Pell Grants and other types of subsidized college aid subsidized? Seems a non argument to be concerned about the 529 Plan migrating down to K-12. Unless, this is code for saying something else. Like I am paid to oppose any Republican action.
Reply With Quote Quick reply to this message
 
Old 12-24-2017, 02:08 PM
 
12,905 posts, read 15,612,763 times
Reputation: 9393
Quote:
Originally Posted by 1grin_g0 View Post
I think that's awesome. I'm sure your sacrifice will be well worth it in the end. I managed to survive a horrible and dangerous public school system, and we will do anything to ensure that our kids don't have to experience that. Hopefully, Congress will continue to throw a few crumbs our way!
Oh, it did work out. One has graduated from college and the second one has one more semester to go. By the time they got to college, we were making more money. So while I was unable to do a 529 plan, I was able to "pay as you go" with college so we didn't need loans.

It would have been nice during the private school years to get some sort of break. I still wish everyone could get some sort of relief and not just those that have the means to frontload an investment plan.
Reply With Quote Quick reply to this message
 
Old 01-19-2018, 06:37 AM
 
Location: Schaumburg
759 posts, read 3,138,158 times
Reputation: 964
Does anyone know if the 529 can be used to pay for AP exams?

My son is a junior in high school and he's taking a bunch of exams which add up. I would like to withdraw money from his 529 to pay for these exams.

I called Fidelity directly and they don't know
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Politics and Other Controversies
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top