012. Setting up your kids for financial success
Inside Out Money
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How to Use a 529 Plan to Save for Your Future
In Georgia, you can use it for K through 12 education up to $10,000 per year. You can also convert now $35,000 from your 529 plan into a personal Roth IRA without any tax, tax hit. The Georgia 529 plan has a standard S&P 500 fund that I've been 100% in and is, is performs. It's within a couple hundredths of a percentage point, I think to the S&P500. So there's definitely, especially in a state like Georgia, where they do strong support for school funding,. That could be an argument to fully Fully Fund Your State Schools.
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