https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Wed, 29 Apr 2026 19:21:02 +0000 https://boards.hellobee.com/topic/college-529-plans#post-987311 Sat, 03 Aug 2013 17:04:47 +0000 littlek 987311@https://boards.hellobee.com/ <p>Yes we have a 529 plan for our LO. We put in one about $15k a year. </p> https://boards.hellobee.com/topic/college-529-plans#post-987289 Sat, 03 Aug 2013 16:38:53 +0000 Mrs. Jacks 987289@https://boards.hellobee.com/ <p>We have one for each girl. There are calculators to see how much you should be putting away each month, but be prepared to be shocked. It's a lot! </p> https://boards.hellobee.com/topic/college-529-plans#post-987265 Sat, 03 Aug 2013 16:13:00 +0000 AmeliaBedelia 987265@https://boards.hellobee.com/ <p>We don't have LO's yet (working on that) but my parents had 529 plans set up for me and my siblings. I'm 1 of 4, so they actually just had 2 accounts (since that contingency with HAVING to spend the money). </p> <p>Example: Kid 1 &amp; Kid 3 share one and Kid 2 and Kid 4 share one, so both were not being used at the same time. </p> <p>My parents put about $1k per month into them and still do for my youngest two siblings - one about to start college and my adopted sister who is much younger than the other three of us. </p> <p>Now, any gift or birthday money went into savings accounts in our names, not our 529 accounts, unless otherwise specified by our grandparents or something. Scholarship money we earned obviously went towards whoever earned it's school only. </p> https://boards.hellobee.com/topic/college-529-plans#post-986668 Sat, 03 Aug 2013 09:07:34 +0000 yoursilverlining 986668@https://boards.hellobee.com/ <p>@SleepyMonkey: yup! very easy that way; out of sight, out of mind! :) </p> https://boards.hellobee.com/topic/college-529-plans#post-986660 Sat, 03 Aug 2013 09:03:45 +0000 lomom 986660@https://boards.hellobee.com/ <p>Yes we set one up. All monetary gifts go in and we contribute $50/month and will contribute our tax refund each year. </p> https://boards.hellobee.com/topic/college-529-plans#post-986630 Sat, 03 Aug 2013 08:37:11 +0000 MsLipGloss 986630@https://boards.hellobee.com/ <p>@SleepyMonkey: yes-it is automatically withdrawn. </p> https://boards.hellobee.com/topic/college-529-plans#post-986622 Sat, 03 Aug 2013 08:30:10 +0000 SleepyMonkey 986622@https://boards.hellobee.com/ <p>@MsLipGloss: @mediagirl: @yoursilverlining: thanks! Do you have it automatically pulled from your paycheck or bank account? </p> https://boards.hellobee.com/topic/college-529-plans#post-986620 Sat, 03 Aug 2013 08:27:22 +0000 immabeetoo 986620@https://boards.hellobee.com/ <p>@SleepyMonkey: I just read this <a href="http://www.thesimpledollar.com/2011/07/18/choosing-a-529-plan/" rel="nofollow">http://www.thesimpledollar.com/2011/07/18/choosing-a-529-plan/</a> We're setting one up this month and plan to contribute regularly. Not sure how much though! </p> https://boards.hellobee.com/topic/college-529-plans#post-986617 Sat, 03 Aug 2013 08:25:56 +0000 yoursilverlining 986617@https://boards.hellobee.com/ <p>We have 2 (MIL opened one for LO with her financial adviser and our state gives you a $500 grant if parents open one, so we opened one as well) and all her monetary gifts go in there. We contribute monthly, and FIL/step-MIL give LO $1k for her bday and Christmas, which is for her 529.</p> <p>Like @mediagirl said, every little bit helps. A few hundred now might not seem like much, but 18 years from now; it will make a big difference! </p> https://boards.hellobee.com/topic/college-529-plans#post-986612 Sat, 03 Aug 2013 08:21:54 +0000 mediagirl 986612@https://boards.hellobee.com/ <p>We have one and all of her gift money goes into it. We try to contribute $50/month. Every little bit helps. </p> https://boards.hellobee.com/topic/college-529-plans#post-986605 Sat, 03 Aug 2013 08:12:28 +0000 MsLipGloss 986605@https://boards.hellobee.com/ <p>Yes, we have one for LO and regularly contribute. We currently contribute $1k per month. </p> https://boards.hellobee.com/topic/college-529-plans#post-986494 Sat, 03 Aug 2013 06:35:28 +0000 SleepyMonkey 986494@https://boards.hellobee.com/ <p>My MIL set one up for our daughter and that is where we plan to put all of her $ gifts, but we don't contribute regularly. I wonder if we should. Do you have a 529A plan set up for you kids(s)? Do you contribute regularly and if so, how much? </p>