07-14-2012, 11:02 AM
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Confirmed User
Join Date: Apr 2006
Location: El-Kaliman Oasis, West Sahara
Posts: 2,164
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Quote:
Originally Posted by Brad Mitchell
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
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good thinking brad
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