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Old 08-23-2016 | 10:44 PM
  #12  
Terrain Inop
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Joined: Jun 2010
Posts: 417
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From: Schempp-Hirth
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Originally Posted by Grumble
When you hit $18.5k, set contribution rate to zero, take that sum and set up pay allotment to 529 plan.
Unless you know for a fact that there is someone that you're willing to pay for college for, 529 plans are crap. They cannot be used as a tax shelter for retirement. There are penalties built into the plans if you try that.
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