Comments on 529 College Savings Accounts: Preferred Way to Save and Could Provide Child's Nest EggTypePad2007-12-22T11:08:00ZNAhttps://www.freemoneyfinance.com/tag:typepad.com,2003:https://www.freemoneyfinance.com/2007/12/529-college-sav/comments/atom.xml/Dangger commented on '529 College Savings Accounts: Preferred Way to Save and Could Provide Child's Nest Egg'tag:typepad.com,2003:6a00d83451bcbd69e200e5500d77b788342008-01-28T20:50:40Z2008-01-28T20:50:40ZDangger10% is alot to lose if you don't use the money for child's school. If you only have one child,...<p>10% is alot to lose if you don't use the money for child's school. If you only have one child, and the kids goes to a low cost school, the rest of your investment will suffer the 10% penalty.</p>Billy commented on '529 College Savings Accounts: Preferred Way to Save and Could Provide Child's Nest Egg'tag:typepad.com,2003:6a00d83451bcbd69e200e54fade34a88332007-12-22T12:02:41Z2007-12-22T12:02:41ZBillyGreat post! Thanks for all of the recent posts on 529's. I'm opening one up as a Christmas present for...<p>Great post! Thanks for all of the recent posts on 529's. I'm opening one up as a Christmas present for my niece (actually for her mother and father :-), but I had forgotten the specifics about them being counted as parental assets in determining federal financial aid eligibility.</p>