How to Calculate How Much to Put in Your 529

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It's like all the people that complain about their huge tax bills or their huge required minimum distributions, right? These are great problems to have. You can pull the money out and spend it on a boat. But I think you're far better off just concentrating on what am I going to put in there every year? And maybe your goals put $5,000 in there. Maybe your goals to max it out and put whatever it is, $16,000, $17,000 a year in there. And just have this huge 529 by the time they're 18. It's impossible to exactly calculate how much to have in there,. Unless your goal is simply to have $100,

Today we are answering your questions about 529 accounts. We talk about what a reasonable amount to put in a 529 is and what to do if you over fund it. We discuss if it is complicated to have multiple 529 accounts, what a "Daddy Match" is, how to decide what accounts to fund if you are cutting back at work and much more!

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