View Single Post
Old 07-14-2012, 11:02 AM  
tammix
Confirmed User
 
tammix's Avatar
 
Join Date: Apr 2006
Location: El-Kaliman Oasis, West Sahara
Posts: 2,164

Quote:
Originally Posted by Brad Mitchell View Post
I set up Virginia College Savings Plans for all three kids. After tax dollars go in now and money will come out on the back end for all school related expenses without taxes on the gains. While I don't expect to be relying on this, it is still a precautionary measure to protect some specific dollars for their benefit and with ten more years of primary education left the funds are doing quite well even in consideration of the anticipated future cost. The goal is to guide the kids into making fulfilling life and career choices, life is anything but being all about the money.

Cheers

Brad
good thinking brad
tammix is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote