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Scarsnhoos

Joined: 06/24/2014 Posts: 2191
Likes: 1731


My hesitation would be you are still forced ultimately at some point to use


the money for education? Yes your shielding money from being taxed, but the government is still dictating your use of the money.
Pad your 529 accounts up to the point you can fund your kids or grandkids education. Then invest the rest traditionally so you can use and enjoy it, let your heirs worry about the inheritance after your gone.
It’s not your problem at that point.
[Post edited by Scarsnhoos at 06/15/2021 3:43PM]

(In response to this post by Zhoo)

Posted: 06/15/2021 at 3:42PM



+2

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Current Thread:
 
  
529 Plans and estate planning.... -- Zhoo 06/15/2021 12:23PM
  Will there even be tuition in the future? ** -- ryno hoo 06/15/2021 1:55PM
  529's can be great wealth transfer tools. -- SouthernHoo 06/15/2021 12:58PM
  I didnt know you could use your 529 for this -- Zhoo 06/15/2021 5:12PM
  Thanks for posting the link ** -- 105A 06/15/2021 3:57PM
  Not sure all states, but Va you have to use within 30 years -- Chesapeake HOO 06/15/2021 12:33PM
  Right now I have two accounts in my name -- Zhoo 06/15/2021 1:29PM
  100% yes. Can each have an account for each kid -- hoos2008 06/15/2021 3:15PM
  Tax deduction yes. But can contribute more -- hoos2008 06/15/2021 5:38PM
  Its a great way to get great gains early on -- Zhoo 06/15/2021 8:42PM
  Illinois....... -- Zhoo 06/15/2021 5:08PM

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