Название | : | How to save money for your child!!! #wealth #savings #money #investing #finance #529 #investments |
Продолжительность | : | 0.56 |
Дата публикации | : | |
Просмотров | : | 161 rb |
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Can grandparents open and transfer a 529 to their grandchildren? Comment from : @laceybabydoll |
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I lost all respect for Vivian, my rich, BFF, when she pulled a really terrible stumped on YouTube She actually set up a Patreon page asking people for donations, while she was bragging that she was rich What a turn off Comment from : @paulh1745 |
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😊❤😊 Comment from : @nceguerra |
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What is the Canadian equivalent? Comment from : @user-wc8cn7pt6m |
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Your content is always so informative I appreciate the effort you put into sharing valuable advice Comment from : @sjdigitalsolutions |
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What is the best account for 529 plan? Comment from : @jonallynsantiago5844 |
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Thank you xx🙂❤️ Comment from : @veronicagraves5621 |
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What if the child decides to join the military instead of college? Are there penalties for transferring the money? Comment from : @Nonya3005 |
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What about homeschooling? Does a 529 plan cover those costs as well? Comment from : @livtru7303 |
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I’ve been checking you out, Vivian, for quite a while now brbrYour content is well needed and GoldenbrbrThank you so much you’ve done a fine job 🔥🔥☝🏾 Comment from : @iglehartj |
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How can I do this for my grandchildren? Comment from : @care4me7 |
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🎉 Comment from : @wyattshoemaker5403 |
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What 529 plan should I go through? Like company Comment from : @lifetimeroblox2466 |
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Can grandparents do it or at least start it? Comment from : @little2832 |
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Or not have a kid at all Comment from : @aemen8796 |
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Wonder if I can open one for a granchild??? Comment from : @lyric8529 |
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Wish I knew you before I had a kid I do have a 529 now but sadly didn’t know to start it until my son was about 5 Comment from : @lauravalle3766 |
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I joined the military so going to just scroll past this short Comment from : @Loveduhmusic |
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any information on scholarship, my daughter will be going to college in 2023 I dont have a 529 plan She did get some scholarship through the College she will be attending but still about $10,000 short Comment from : @ivonahowell-hunte1818 |
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Can u still do if kids are already here Comment from : @denellflowers8056 |
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If you have kids late in life you can pay for education with Roth IRA withdrawals 529 help but the bottom line is you still need to be able to pay for your kids Both my kids were on Scholarships I still paid 50K per yr after taxes , Toward their living expenses combined in college And that doesn't even count that i was also paying for their car insurance , and cars , and about $2000 /yr airline travel for one of them Nor the travel to watch one of them playbrbrIf you live at home and go to small regional universities college can be dirt cheap If you go away to Major private universities It's not so cheap Comment from : @duskyman1 |
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Yeah mom ever!!! Comment from : @namhamada3984 |
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So, does this apply only in America? Comment from : @liaed3637 |
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Soooooo if you don’t get a kid can you keep this money for yourself? Comment from : @Jelleybean18 |
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Can you use the 529 plan to pay for your own education? Like if I want to finance or Spanish classes at a college can I use a 529 for this? Comment from : @ashleymichelle0713 |
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Thank you! Comment from : @annak6970 |
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Is there a uk version of this? Comment from : @yvietran3739 |
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Thank you never heard of it, but now I know Comment from : @danger4939 |
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I opened one when I was pregnant and I've put $10k in and the account is now worth about $10k, which is exciting because for years it was worth less than what I had contributed Comment from : @AAllan-mo1ll |
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Can you show options that are not exclusively for education expenses? Comment from : @SnowFamilyVacations |
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So isn't the money taxed to begin with? For example are we not taxed before this money goes into a Roth IRA? Our paychecks are already taxed Or does the money come out first before taxes? Comment from : @Jessy-ht2ll |
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Is there Australian version of this? Comment from : @satya-and-dean |
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This is your best advice ever!!! Comment from : @tramelparker2085 |
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Didn't know that, that wonderful thank you for the education Daddy got you Comment from : @rodneyshannon5759 |
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Maryland 529 plans just had a hick up Comment from : @infinitytricks3716 |
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1 million dollars when they retire will get you a carton of eggs :( Comment from : @Davidchendavid |
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I lost you at cuz I'm Vivian Comment from : @AnonymousGameWarden |
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I wish I had know this for my daughter When is it too late to open the 529 for a child? Comment from : @layajacksimmons5798 |
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How do you start a 529 plan? Comment from : @angelchancey9039 |
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A true Baller Comment from : @terrelsimpson5309 |
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💯❤️👍 THANKS Comment from : @erickawilliams7660 |
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Our favorite Wall Street girly is Lauren Simmons, but thanks for the tips Comment from : @deeelisa1890 |
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OMG thanks for this! I didn't know unused 529 money could go towards a ROTH! This is huge Comment from : @skn9302 |
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Can the tax code change again to tax it at anytime? Comment from : @Fmk1717 |
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What if that child doesn’t end up going to college, is that money only usable for schooling? Comment from : @kristinekakes2955 |
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Love you!!! Comment from : @Mztmac82 |
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I did not know about the Roth partinteresting! Comment from : @Koiva232 |
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Imagine the luxury of planning decades ahead, and having a stable state and currency br*sad Russian noises Comment from : @juliager5702 |
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Yesfinancial education for the parents-to-be Comment from : @didikwahyudi8270 |
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here, here Comment from : @sjboyer2536 |
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Always great! I read the parents can also take the money out but they might have to pay taxes on it Comment from : @carefulconsumer8682 |
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Love Vivian she’s my rich bff Comment from : @luxliving3013 |
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Would you start this after you max your 401k or before? Comment from : @KimMaverick |
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A 529 account can be used for vocational school, too, can't it? Comment from : @anio1349 |
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I know of two rich people that wouldn't pay for their kids schooling or their health needsbrIt's infuriating! Comment from : @greatmystery9729 |
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👍 Comment from : @uhohotdog3483 |
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Wow wow Jesus this information is gold I would never ever in my wildess dream know all these information for finance your the GOAT Comment from : @Francois3k |
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Did the same when I was pregnant and it pleasantly grew as expected However, I should have known better, or my adviser should have suggested, to make it more conservative right before my daughter entered college Unfortunately, middle of her college half tanked once Biden got in office It stings so bad Comment from : @bluevirgo |
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Does anyone know if there are similar plans in the UK ? Comment from : @princeisofi2585 |
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I need a uk version of you Please 🙏 if anyone here is from the uk please suggest a uk account for me to follow too as good as this girl Comment from : @seminajackson2902 |
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If they don't go to college, can it still be rolled into a Roth IRA? Comment from : @universallyunique |
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🔥 Comment from : @curtisdavis8594 |
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You were so cute as a little girl 🥰 Comment from : @atlsongbyrd6084 |
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Most of these accounts are use or loose Comment from : @rebeccalankford9810 |
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Well what do you do if you don't know how to respond positively to your child's personal education because you were not exposed to healthy environment and have emotional & mental issues along with terrible school experience and cannot afford to spend any money or move? Comment from : @lilmrschocolatethundababy8665 |
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Oh I didn't know the tax code changed! I was hesitating on a 529 because idk what kind of career and education paths my kids will pursue But being able to roll the extra into a Roth now is great! Comment from : @RachelDee |
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I literally just started this for my 5 year old niece for her Christmas gift Comment from : @shaunnaechols3647 |
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Can Aunties do this for their nieces? 🤔brIf not, I'll tell my sister Comment from : @limbo576 |
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Is it too late if they are already born? Would I be able to open a 529 if they are 10 and 6? Comment from : @Lani34 |
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Did you see in Maryland how they were stealing from the 529 that parents were putting in to?brI don't fully know what happened just saw a blurb on the news Maybe my Rich BFF can break this story down? Comment from : @kokolatte825 |
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That new rule of rolling $35k into a Roth IRA is amazing Comment from : @chanreka |
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What if i never had a child and never get to adopt? Comment from : @helenpacio9526 |
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I didn't know this Thank you! Comment from : @jcatastrophic1 |
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My parents weren’t rich and they helped me pay for my college education Comment from : @GuyEndore |
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Most working families are just trying to stay above water these days Comment from : @2-old-Forthischet |
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Girl you nailed this advice THANKS Comment from : @cocot9414 |
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great advice can I add that this may affect financial aid if they qualify Comment from : @bijouxbijoux |
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Except "retirement" for an athlete is (on average) 28 Fingers crossed for an academic scholarship instead? Comment from : @jordanmcgrory2171 |
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Brilliant Comment from : @thomassanfrancisco5850 |
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Good future parent Comment from : @belindahawkins4083 |
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but you have find boyfriend first you can go from A to Z u havent did a to b Comment from : @jasonreviews |
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I opened a 529 plan for my daughter while she was still in the womb It paid entirely for her triple major, although being the good Dad that I am I happily paid for her masters in management that helped her get her high paying tech job With that she paid cash for her Tesla and down payment for her new construction house plus $50k emergency fund She is only 27 and I have no doubt she will become a multimillionaire just like her old man I told her that her job was to work hard and do her best at school and my job was to pay for it We both held up our end of the deal Comment from : @sheneedsme |
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Vivian, I’m not sure what motivates you but I’m sure grateful for your wonderful insights Thank you so much for all your amazing advice, it continues to enhance my lifebr❤ Comment from : @702cody |
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We opened up 529 Plan for our kids when they were born First child graduating this year and we have no worries about his college tuition brI didn't know we can rollover the leftovers up to $35K to his Roth IRA!! Thanks, Viv!! Comment from : @spamh8r1007 |
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What if you want to just create ROTH IRAs for your kids instead? Comment from : @EmansReviews |
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Thanks for the great advice!brI knew it, just forgot it Comment from : @ponderosapondhomestead4344 |
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Fantastic Advice! I will pay off some credit card debt them I will start 529 plan! Thanks for advoce! Comment from : @TheBreathingEnvironment |
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