Let’s say a person’s estate is so large that they will pass on assets to their children. They’ve utilized 529s as a way to transfer wealth.
Is there any reason not to be 100% stocks forever (with >10 years to go before college but that is irrelevant)? If, somehow, the value of the 529s are lower than the basis at the time of college they can pay out taxable accounts for the tuition and let the 529s ride. If the 529s have appreciated a lot, they can use the 529 to pay for college.
Is there any reason to have fixed income in the 529s in this scenario? (Similar to how Roth accounts in this situation would like be 100% equities).
Is there any reason not to be 100% stocks forever (with >10 years to go before college but that is irrelevant)? If, somehow, the value of the 529s are lower than the basis at the time of college they can pay out taxable accounts for the tuition and let the 529s ride. If the 529s have appreciated a lot, they can use the 529 to pay for college.
Is there any reason to have fixed income in the 529s in this scenario? (Similar to how Roth accounts in this situation would like be 100% equities).
Statistics: Posted by nyclon — Sun Aug 04, 2024 10:22 pm — Replies 4 — Views 415