Re: 529 financial plans

[Robert <http://dummy.us.eu.org/robert>]

Seems like a good idea.

Noelle's Prius was rifled through before we left for New Orleans
yesterday.  The thieves only took loose change, but they managed to drain
the battery.  So, that will have to be repaired.  I'm guessing it will be
upwards of $500 to get it repaired.  That's on top of the cost of this
vacation and the cost of the repairs to the garage.  So, who knows how
much will be left for education contributions after all is said and done.

 > From: Flora  <http://profiles.yahoo.com/flora>
 > Date: Mon, 28 Sep 2015 05:24:46 -0400
 >
 > Our VT state tax liability should be a little more for 2015, but similar. My 
 > pay increased a little in 2015. 2016 will increase when Tim starts working full 
 > time.  He's looking for full time work right now, but I don't expect him to 
 > start working full time until 2016.
 > 
 > When I was looking at the 529 calculators on the saving for college website 
 > yesterday, it didn't seem to take into account the asset-based expense ratio. 
 > You were able to adjust the return for your state and and the out of state plan,
 >  but I don't know how different each would be. If the return was the same, VT 
 > looks better because of the tax credit. 
 > 
 > Maybe I should go with the VT one, knowing that our tax liability will 
 > eventually go up. 
 > 
 > I could open one in VT and one in NY - putting enough in VT for the tax credit 
 > and some in NY. I could then move funds from NY to VT in the future to receive 
 > any tax credit in VT.