I'd be somewhat surprised if the full 700k was from 529
by jt (2024-02-25 17:39:14)

In reply to: It's still deductible above the line. But phase out is low  posted by gregmorrissey


accounts.

That would be relatively impressive savings over a relatively short period of time, considering they weren't even around until 1996, and by 2000 there were only 30 states that had them. It really took the tax act of 2001 to get them off the ground and into the mainstream.

that said, anything is possible.


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