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Re: 529 financial plans
- To: Flora <http://www.gmail.com/~flora>
- Subject: Re: 529 financial plans
- From: Robert <http://dummy.us.eu.org/robert>
- Date: Sat, 26 Sep 2015 09:28:47 -0700
- Cc: Flora E <http://profiles.yahoo.com/Flora>, "http://dummy.us.eu.org/noelleg" <http://dummy.us.eu.org/noelleg>
- Keywords: our-San-Jose-phone-number
> From: Robert <http://dummy.us.eu.org/robert>
> Date: Tue, 08 Sep 2015 13:37:10 -0700
>
> > From: Flora <http://www.gmail.com/~flora>
> > Date: Mon, 7 Sep 2015 20:57:35 -0400
> >
> > Yes, a 529 is probably a good idea for Holly. I'll look into opening one for
> > her. I know that you don't have to open one in the state that you live in. It
> > may be more advantageous to open one in another state.
>
> Indeed. The advantage of the VT plan, however, is that you (as VT
> resident) get a small deduction off your state income tax. May not be a
> big deal, 'tho.
Do you have an estimate of when you'll do this? You should definitely do
it this calendar year if you can.