Interesting info and like you, OP, I thought the cap was per child per year. Too late for me now as my youngest is a senior in high school now.
My youngest has a VA529 aggressive growth portfolio with regular monthly contributions totaling $4k per year since Fall 2011. According to the site the account is valued at $91.9k on $51.7k invested cash. To me that is somewhat disappointing for an aggressive portfolio given market returns over the same period. When I started the account I seem to recall there was only Balanced, moderate, and aggressive portfolios. If there were others, it was even harder to find info than it is now. I’ve generally been disappointed in the VA529 interface and general opacity of the in investment components. Given a do over I would probably use some custom mix of the stock, bond, and international indexes.
My youngest has a VA529 aggressive growth portfolio with regular monthly contributions totaling $4k per year since Fall 2011. According to the site the account is valued at $91.9k on $51.7k invested cash. To me that is somewhat disappointing for an aggressive portfolio given market returns over the same period. When I started the account I seem to recall there was only Balanced, moderate, and aggressive portfolios. If there were others, it was even harder to find info than it is now. I’ve generally been disappointed in the VA529 interface and general opacity of the in investment components. Given a do over I would probably use some custom mix of the stock, bond, and international indexes.
Statistics: Posted by SpaghettiLegs — Wed Sep 04, 2024 4:30 pm — Replies 6 — Views 270