[Pugchief]

Originally Posted by manaboutown

Anyone funding 529 plans to get money out of their taxable estate, eliminate having to pay income tax on its earnings and/or to get their beneficiaries started with Roth IRAs?

529 Plans for Estate Planning: Avoiding the Estate Tax

Still a resident of another state, with an income tax. 529 contributions are deductible against other earnings, so it's an added bonus to contribute for the grandkids.

My concern is that by the time they get to 18, college will be a thing of the past. Some schools are already on the verge of bankruptcy, and more people will be opting for the trades bc of AI. I don't see brick and mortar universities being a thing in 15 years. Time will tell.