Thank you very much for the video. I heard nothing but great things about the 529 Utah plan, and this video helps me a lot in understanding it. I will be opening an account soon.
I have been following all of your videos regarding the 529 plan and you explain it exceptionally clear. I very much appreciate your thoroughness in your videos. I am planning to start 520 plan for my kid and am figuring out which one would be best between Vanguard Nevada 529 Vs Utah 529. based on this video i am gravitating towards Utah 529. It would have been best if you could provided some suggestions on the investment plans to choose in Utah 529 that would give high returns for a period of 12 years. Keep up the good work!
What are the limits on 529 plans? What if you have great grandparents, grandparents, and parents that want to set up and contribute to a 529 plan? Do you combine them or let each one set one up on their own?
@@TravisSickle by limits i meant, the number of accounts? can each person contributing to a 529 open their own or do you try and coordinate all the different contributors to fund just one?
was not clear. if you have multiple children (say 2 of tem) do you create two separate accounts and having to fill in the information from the beginning? or can you just log onto one account and have two different beneficiaries with different fund allocations?
Question if your a florida resident - does it matter if go with the Utah 529 plan ( Can you use this plan not being a Utah Resident )over the Florida 529 . Let me know your thoughts.Thanks
![NEW 529 Plan to Roth IRA tax LOOPHOLE [Secure Act 2.0]](http://i.ytimg.com/vi/EBBp0MwiKYM/mqdefault.jpg)
Opening my 529 account in July 2019, as soon as we get a social security number for our 1st born. Thanks for the education!
@@TravisSickle Thank you!
Thank you very much for the video. I heard nothing but great things about the 529 Utah plan, and this video helps me a lot in understanding it. I will be opening an account soon.
I have been following all of your videos regarding the 529 plan and you explain it exceptionally clear. I very much appreciate your thoroughness in your videos. I am planning to start 520 plan for my kid and am figuring out which one would be best between Vanguard Nevada 529 Vs Utah 529. based on this video i am gravitating towards Utah 529. It would have been best if you could provided some suggestions on the investment plans to choose in Utah 529 that would give high returns for a period of 12 years. Keep up the good work!
Super helpful! Thanks!
Thanks for this information!
Saw it. Did it. Done. ;)
What are the limits on 529 plans? What if you have great grandparents, grandparents, and parents that want to set up and contribute to a 529 plan? Do you combine them or let each one set one up on their own?
depends on the state but in general, it's the total cost of college. so effectively, a lot.
@@TravisSickle by limits i meant, the number of accounts? can each person contributing to a 529 open their own or do you try and coordinate all the different contributors to fund just one?
You can do either. You’re allowed to have multiple.
was not clear. if you have multiple children (say 2 of tem) do you create two separate accounts and having to fill in the information from the beginning?
or can you just log onto one account and have two different beneficiaries with different fund allocations?
Two
Question if your a florida resident - does it matter if go with the Utah 529 plan ( Can you use this plan not being a Utah Resident )over the Florida 529 . Let me know your thoughts.Thanks
Yes, I live in Tampa and use the Utah plan.
This no longer matches the Utah 529 plan website.
Thanks for letting me know. Are there any questions you have about the 529 plan?
Which other 529 plan do you have for your kids?
The utah and Florida 529 plans. I like the Utah plan better. I also have coverdell ESAs and UTMA but will likely not use the UTMA for college.
I have 2 videos on my kids performance for the Utah plans. I think the last one was posted a month ago.
WTH dude... You need to give insights on investments you chose... Is the age based portfolio better than static portfolio?
Exactly!
On channel…more videos.