Question on 529s target date fund Hello all Long time lurker here. I have 2 kids (9years old & 5 years old)I have invested some money for my both the kids for their education in 529s. They both were invested in their target date fund. My eldest one’s return so far is 3.7% for 4 years and the account was opened in 2020. It makes me worried if I compare it with s&p 500. Is it reco…

Why are 529s so much more popular than gifting appreciated stock? From my understanding, the main benefit of 529 plans is that you don’t have to pay capital-gains taxes. The contributions themselves aren’t tax deductible, and our household income is too high to benefit from any state-tax benefits. Here’s the alternative our family is considering: Take the money we would have put into 529, and invest them in o…

Do I open two separate 529s for each of my kids? My kids are 8 and newborn. They will most likely not be in college at the same time. So do I do two separate state 529s for them or just use one and try to replenish/ not use it at all for the oldest and try to pay hers in cash? submitted by /u/Sudden_Throat

My fiance and I both opened separate 529s before we met. Is there anything to be aware of? We’re working through our finances right now as we prep for marriage and we found out that we both opened 529s before we met for future children we would have. We have a combined total of around $2200. We live in CA, so unlike some other states, I don’t think there are any tax benefits from having a 529 outside of education-related expenses. The…

Can someone ELI5 529s for me? Just had a kid & want to prepare for her future/college. submitted by /u/_CakeFartz_