| Author | Message | ||
     Alochinchu Junior Artist Username: Alochinchu Post Number: 501 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
i am seeing much benefit out of it now.. the cash value accumulating faster now.. you have to forget for first 5 years after that you see big differece.. think about the above for kids.. if you take whole life for them at this young age their premium will be very low.. by the time they grow up they will have good cash value and also they will have life insurance for his/her family.. I strongly recommend this.. it is worth it in long term.. | ||
| Alochinchu Junior Artist Username: Alochinchu Post Number: 500 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
maryland negative lo undhi.. last 5 to 6 years state college fees peragaledhu.. so it will be negative if the kid goes out of state where the fees went much higher.. | ||
| Time_pass Side Hero Username: Time_pass Post Number: 4158 Registered: 06-2008 Posted From: 136.174.187.5 Rating: N/A |
// evaro beautiful NWM agent baaga convince chesinattundi vaalla..premiums arachakam, current quality of life ku emaatram takkuva cheyyakunda, offord cheyya galigite, NWM plans are good. // Amother option is as T_T said whole life insurance. Do not buy it from any one Buy it from NortWestern mutual, Mass Mutual or New York life as these are mutual companies i.e. policy holders are the share holders. any didvidend is yours so your money grows more. northWestern paid 5.5% dividend last year a good agent will create life insurance as an investment vehicle where you can put more money than the premium and earn the % dividend you can take a loan on this money when you need, so the increase comes out as tax free | ||
| Time_pass Side Hero Username: Time_pass Post Number: 4157 Registered: 06-2008 Posted From: 136.174.187.5 Rating: N/A |
every state has 529 palns but if you invest in your state plan you get some tax reduction which does not matter for people in Texas,Florida etc.. UTAH 529 is the best according to Kiplinger, next is mary land | ||
| Rajusk Megastar Username: Rajusk Post Number: 23388 Registered: 02-2008 Posted From: 24.185.0.74 Rating: N/A |
thread telvad...summary sent to you...venjoy !!! | ||
| Oohlala Side Hero Username: Oohlala Post Number: 3201 Registered: 09-2008 Posted From: 107.3.138.58 Rating: N/A |
oh ok, telidu andi.
I thought roth ira is fdic insured, however depends on whether you invest in money market or stock market. I am sure 401k plans are not fdic insured. Some more info: Here is some more information: http://www.savingforcollege.com/kiplinger/plan_details.php check for expense ratio. the lower the ratio.... the less you pay. Utah plan: http://www.savingforcollege.com/kiplinger/plan_details.php?p age=plan_details&plan_id=52 Another important note is a state plan can be used for the colleges in the same state.... | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 33815 Registered: 02-2008 Rating: N/A |
529 ki, i am contributing 5K yearly that is max allowed in Indiana. rest...we will talk when you are in indy going to lunch, jump | ||
| Dreamcatcher Side Hero Username: Dreamcatcher Post Number: 3480 Registered: 11-2009 Posted From: 208.86.145.68 Rating: N/A |
Some states do offer FDIC insured plans, but they will have limited investment options. I know VA offers a plan that is FDIC insured. | ||
| Rajusk Megastar Username: Rajusk Post Number: 23387 Registered: 02-2008 Posted From: 24.185.0.74 Rating: N/A |
Mav max ki thaggedi leda antav aithe | ||
| Rajusk Megastar Username: Rajusk Post Number: 23386 Registered: 02-2008 Posted From: 24.185.0.74 Rating: N/A |
Baba goru...nenu edo ..Bill Gates..Steve Jobs type Garage lo nunchi company ishtart chesi billionaire avutharemo ante.. meeru naa avidea ni kindal sesthunnar..chuss | ||
| Getafix Hero Username: Getafix Post Number: 11509 Registered: 02-2008 Posted From: 159.127.66.112 Rating: N/A |
are other investment vehicles like ROTH IRA FDIC insured? CDs FDIC insured undochemo kani other invstment vehicles FDIC insured untai ani anukotledu nenu | ||
| Maverick Legend Username: Maverick Post Number: 40925 Registered: 01-2008 Posted From: 12.148.189.25 Rating: N/A |
max enta contribution for this year..simple ga cheppandi Who is this DB member? | ||
| Andhrawala Hero Username: Andhrawala Post Number: 15164 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Kids college ki aside pettina money tho no gambling etc. No Signature | ||
| Rajusk Megastar Username: Rajusk Post Number: 23385 Registered: 02-2008 Posted From: 24.185.0.74 Rating: N/A |
jeevitham lo dhakkalu thini thini.vachina pessimism adi... anni dhakkalu thinte pessimism raakunte em vasthadi mari.. | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 33811 Registered: 02-2008 Rating: N/A |
kurrodi apartment rent ki vaadu kovacchu  | ||
| Andhrawala Hero Username: Andhrawala Post Number: 15163 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Few colleges are covered. But better not to open or take the money with penalty while leaving No Signature | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 9427 Registered: 01-2008 Posted From: 98.221.83.14 Rating: N/A |
nenu ide mukka arigi poyina record laa cheppi cheppi tired (to my HD)... tomorrow naa time bad ayyi pettina investments goalmal ayithe HD daggara nundi music start avutundi.. enduku vachina gola ani edo okati enroll cheyali ani decided thanks to u n others for sharing inputs. will add my research findings soon :-) Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 9426 Registered: 01-2008 Posted From: 98.221.83.14 Rating: N/A |
maree inta pessimistic ayithe elaa raaju gaaru? ayinaa aa Qs enti? kid school ki vellakapothe, vellli pori ni gilli suspend chesthe, 2012 vachi prapanchakam munigi pothe... meeru feel avvanu ante ee clip mee kosam  http://www.youtube.com/watch?v=OqTmtLjrl5I&t=0m56s Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Oohlala Side Hero Username: Oohlala Post Number: 3200 Registered: 09-2008 Posted From: 107.3.138.58 Rating: N/A |
Thread ela save chesukovali  Frankly, Hyder ilanti thread veyatam joke, elagu valla kid univ ki blank check meeda autograph petti istaru...... Most important thing to note is, 529 plans are not FDIC insured...... | ||
| Ustad Hero Username: Ustad Post Number: 11324 Registered: 07-2008 Posted From: 206.16.133.51 Rating: N/A |
How about people who wants to move back to India (lets say when kid is 5 yrs old). Will this be helpful even if kids study in India? Fan of Fab 5: Sachin, Rahul, Saurav, Laxman and Kumble. | ||
| Kuyyo_morro Hero Username: Kuyyo_morro Post Number: 10294 Registered: 02-2011 Posted From: 216.160.191.31 Rating: N/A |
Doing it after the kid was 1 month old. | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 33808 Registered: 02-2008 Rating: N/A |
oops confused for BMW | ||
| Bunty717 Moderator Username: Bunty717 Post Number: 29815 Registered: 02-2008 Rating: N/A |
oka sari ee thrd ivvandi..nen eppudu ee thrd chudaledu.. andariki golden heart PK telusu.. naaku KF telusu.. | ||
| Rajusk Megastar Username: Rajusk Post Number: 23384 Registered: 02-2008 Posted From: 24.185.0.74 Rating: N/A |
Thanks for adding your inputs... Doctor seyyadaniki karchulu...gurinchi thread saved...same way this thread kooda save chesukovali... naaku panikiraadu...but info kosam untadi kada ani... | ||
| Oohlala Side Hero Username: Oohlala Post Number: 3198 Registered: 09-2008 Posted From: 173.36.196.6 Rating: N/A |
This is the notes I took after talking to a college coach, couple of years back. HTH Before giving College Aid to kids, the following are considered: ⢠Parents Income ⢠Students Income ⢠Parents Assests (everywhere in the World, 3-6% per yr needs to contributed) ⢠Student Assets (20% of student assets every year for college education) 529 Savings Plan: Tax deferred now If used for college this money is tax free Transferable between siblings, cousins, aunts, uncles, parents, grandparents, grandchildren All schools in US & 500 schools outside US This is considered as a âparent assetâ If child gets scholarship for X, we can withdraw X from these savings and pay tax. If withdrawn for any other reason, need to pay tax + 10% penalty We can be conservative or aggressive with these plans. We can take any stateâs plan. CA doesnât offer any incentives or tax breaks fro taking their plans. Plan differ in the %of fee they take. If the fee is <1%, its good. CA < 0.5 to 1.09%, CO, Arkansas, Delaware, Alabama etc have fee less than 1% Factors to consider before choosing the plan: ⢠% of Fee ⢠Who manages the Plan (Fidelity etc) ⢠Investment Options offered by these plans ⢠*****Not FDIC insured***** Pre-Paid Tuition Plan: CA doesnât offer this one Other options: ⢠Direct Savings in CDâs Bonds etc. No tax savings, no penalty. ⢠ROTH IRA: Retirement Account but has college savings options. Money goes in after taxes, money grows tax deferred, all money is tax free after 59.5 years. If I have a ROTH IRA account for 5 years, then I can use that contribution with paying tax and penalty but not the interest. For interest, need to pay tax and 10% penalty. If used for education, need to pay tax only on interest. ⢠If 401k plans are rolled into ROTH IRA, need to pay tax as its not traditional IRA account. | ||
| Andhrawala Hero Username: Andhrawala Post Number: 15161 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
Raju gaaru, U are right We need to have eggs in different baskets No Signature | ||
| Dreamcatcher Side Hero Username: Dreamcatcher Post Number: 3477 Registered: 11-2009 Posted From: 208.86.145.68 Rating: N/A |
Most of the states offer Nationwide plans which you can use for any accredited School across the country. Few general things to note (there could be exceptions based on particular state laws), 1. you contribute using after tax money. 2. No federal deductions on these contributions 3. State tax deductions only if you are contributing to the state plans 4. Almost every state has its own plan(s) now, many offer tuition lockin plans also as part of these 529 plans, which will be good if kid chooses to go to a university in that state. 5. Plans can be used for any member of the family. Say you opened a plan for first kid, and for whatever reason you cannot use the money for first kid, any of the family members (including you) can use the money as long as it is used for school expenses. 6. If not used for education purposes, you can withdraw money with penalty and taxes applied to earnings. | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 33806 Registered: 02-2008 Rating: N/A |
to start... call your local financial planner from Northwest Mutual or American Express or some other company..... take a 1 hour FREE appointment. both spouses attend the meeting then decide later | ||
| Rajusk Megastar Username: Rajusk Post Number: 23382 Registered: 02-2008 Posted From: 24.185.0.74 Rating: N/A |
ivvanitiki saving seyyali plus on top of it Buffer for immediate needs kavali ...ante..both have to work..not sure how many hours... manam intha sesthe...most of the above are stock market related.. boom time lo oka 4 acres flip sesinodu manakante ekkuva sampaisthadu ...chuss jeevitham.. | ||
| Alochinchu Junior Artist Username: Alochinchu Post Number: 499 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
Usual ga company vaalu STD and Basic Life (1x salary) free ga istaru.. always utilize what company provides (either it will be free or reduced premium) 1. Long Term Disability 2. Supplimental Life (additional to Basic Life) 3. 401K (if there is a company match atleast contribute enough to match) | ||
| Alochinchu Junior Artist Username: Alochinchu Post Number: 498 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
some people goes for Whole Life insurance.. they plan to use the cash value accumulated (non taxable) for college funds or for any other emergencies. So you will have control on the money and getting tow benefits. | ||
| Rajusk Megastar Username: Rajusk Post Number: 23380 Registered: 02-2008 Posted From: 24.185.0.74 Rating: N/A |
long term disability | ||
| Mental_sachinodu Side Hero Username: Mental_sachinodu Post Number: 8936 Registered: 10-2008 Posted From: 208.85.128.5 Rating: N/A |
ante enti annai? the world of appearances may or may not be real, or both may and may not be real - or may be indescribable; or may be real and indescribable, or unreal and indescribable; or in the end may be read and unreal and indescribable - its all Syadvada | ||
| Alochinchu Junior Artist Username: Alochinchu Post Number: 497 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
you have to look at the history of the company.. NWM an average last 15 years has 8%.. up and downs untayi.. so what we/they have to do is move the money to conservative funds the time comes closer.. it applies for both college and retirement funds.. when they are in high school you take 25% of funds and put it on MM or bonds.. | ||
| Getafix Hero Username: Getafix Post Number: 11504 Registered: 02-2008 Posted From: 159.127.66.112 Rating: N/A |
ala restriction em ledu.. u can invest in one state and send ur kid to college in diff state.. only adv over national plan is that some states provide tax rebate. | ||
| Alochinchu Junior Artist Username: Alochinchu Post Number: 496 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
If you want to have the security for future better plan early.. the younger you start the more benefit you will have.. 1. 401K 2. Life Insurance (both parents if both working) 3. LTD 4. College Fund 5. Life Insurance (Kids) | ||
| Rajusk Megastar Username: Rajusk Post Number: 23379 Registered: 02-2008 Posted From: 24.185.0.74 Rating: N/A |
good point... also what are the historic returns on 529 ... time baagalekapothe (like 2009)...the value can go down also..right? | ||
| Alochinchu Junior Artist Username: Alochinchu Post Number: 495 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
why planning for State based? is it you get benefit when the kid goes to that particular state? | ||
| Getafix Hero Username: Getafix Post Number: 11503 Registered: 02-2008 Posted From: 159.127.66.112 Rating: N/A |
leda.. i thought MA has tax benefit on its state run 529 plan..fidelity administers MA state 529 plan.. daniki tax rebate undhi ani vinna. | ||
| Rajusk Megastar Username: Rajusk Post Number: 23378 Registered: 02-2008 Posted From: 24.185.0.74 Rating: N/A |
ee Amex card undi ani telisi unte...ee paatiki oka Sem fees anna jama ayyedi...on top of it ...its a free card..whereas Miles card is a charge card. | ||
| Alochinchu Junior Artist Username: Alochinchu Post Number: 494 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
nenu theesukunna. It's your decision. no one can say what is better. it is like saving.. meeru 529 lo pette money use chesukoni anthakanna ekkuva cheyagalagamu ani confidence unte you can invest outside.. it needs planning and luck.. naa laga ee gola antha endhuku.. edho oka chota pedathe 7 to 8 % vasthayi and will have tax benefit anukunte 529 lo pettachu.. note.. some one mentioned NWM earler. I am having many accounts with them. yes, premium is little high but very reliable and has good record.. investment options in next post.. | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 9424 Registered: 01-2008 Posted From: 98.221.83.14 Rating: N/A |
r u sure? as per the link i gave couple of posts before.. MA, CA, NJ etc doesn't have tax credit for 529 Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Getafix Hero Username: Getafix Post Number: 11502 Registered: 02-2008 Posted From: 159.127.66.112 Rating: N/A |
fidelity vadu account management fees esthada? in case if they charge how much is it annually? | ||
| Getafix Hero Username: Getafix Post Number: 11501 Registered: 02-2008 Posted From: 159.127.66.112 Rating: N/A |
yaa MA tax rebate undhi but other states 529 are better rated.. so atla alochinchina annatu.. ayina future lo manam state maarithe etla? can we transfer our 529 account to that state to claim tax rebate if that state is providing? | ||
| Rajusk Megastar Username: Rajusk Post Number: 23377 Registered: 02-2008 Posted From: 24.185.0.74 Rating: N/A |
in any case..thanks for the providing the link | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 9423 Registered: 01-2008 Posted From: 98.221.83.14 Rating: N/A |
 manam okkate vintillient anukunte elaa :-) MA lo kuda no tax rebate anta kadaa :-( check this out: http://www.savingforcollege.com/tutorial101/federal_tax_ince ntives_to_education.php Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Okatelugodu Side Hero Username: Okatelugodu Post Number: 6742 Registered: 02-2008 Posted From: 192.193.171.150 Rating: N/A |
Nenu open chesinappudu Master card option vundi. But ippudu discontinue chesadu only Amex vunnatlundi. I like it...chinnaga manaki teliyakunda money grow avtundi, if you consistently use this card for all your day to day purchases and on the side deposit a 100$ per month or so into the account. | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 33805 Registered: 02-2008 Rating: N/A |
I dont think so call this number http://www.savingforcollege.com/529_plan_details/index.php?p age=plan_details&plan_id=24 | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 9422 Registered: 01-2008 Posted From: 98.221.83.14 Rating: N/A |
that's mom life... NJ lo NO state tax credit for 529 investment. Property tax etc maatram country lo top 5 lo vuntundi... tax rebates lo maatram NO No No antaaru check ur state's tax credit here http://www.finaid.org/savings/state529deductions.phtml Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Getafix Hero Username: Getafix Post Number: 11500 Registered: 02-2008 Posted From: 159.127.66.112 Rating: N/A |
 | ||
| Rajusk Megastar Username: Rajusk Post Number: 23376 Registered: 02-2008 Posted From: 24.185.0.74 Rating: N/A |
chusss ....aa ichededo Visa ivochu kada...ippudu Delta miles card cancel chesi idi seyyali ante alosinchali...but 529 ki save seyytaledu kabatti..this is the only way..may be.. Thanks for the link anyways.. | ||
| Pulibongaram Side Hero Username: Pulibongaram Post Number: 3782 Registered: 03-2012 Posted From: 98.27.57.223 Rating: N/A |
 | ||
| Okatelugodu Side Hero Username: Okatelugodu Post Number: 6741 Registered: 02-2008 Posted From: 192.193.171.150 Rating: N/A |
529 with fidelity is a good option if you use a fidelity 529 credit card. 2% of all your purchases are credited into the 529 plan in addition to your monthly contributions. Migatha cash back cards kante this is useful, the cash back you get is invested in 529: https://www.fidelity.com/cash-management/american-express-ca rds | ||
| Getafix Hero Username: Getafix Post Number: 11499 Registered: 02-2008 Posted From: 76.118.67.97 Rating: N/A |
bab garu...diff state 529 plan teesukuni vere state tax benefit claim jeyyochaa? for ex- MA resident opens a 529 account in Illinois - can he claim MA tax benefit? | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 33804 Registered: 02-2008 Rating: N/A |
Bump... Young kids unna parents...Plan early for college funds and have a written will. 4 years kaaka poyinaa...plan 2 years...so that the kid can take loans for other 2 years. | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 33790 Registered: 02-2008 Rating: N/A |
5K does not mean that one should not look at other options 529 is one additional option, which gives you 20% break. (In Indiana, 5K gives you 1K in return ) | ||
| Gotcha Side Hero Username: Gotcha Post Number: 9412 Registered: 02-2008 Posted From: 99.189.217.119 Rating: N/A |
but ur saving on taxes kada if not that will be taken by uncle sam. u can use it even for india education anukunta. manipal lo 50lakhs medical seat ki ante 5 years ki 2.5 crores ante 500k. daaniki kuda vadukovachu. This real estate is for sale. | ||
| Gotcha Side Hero Username: Gotcha Post Number: 9411 Registered: 02-2008 Posted From: 99.189.217.119 Rating: N/A |
think if 5k was the limit. to save 140k how many years one should save,atleast 30. ante manam college kelli napudu nunchi save cheyali mana pillala college education that too for only one kid. if u have 2 imagine This real estate is for sale. | ||
| Abcdefghij Hero Username: Abcdefghij Post Number: 12099 Registered: 02-2007 Posted From: 76.226.180.207 Rating: N/A |
i use troweprice alaska 529 i am not a big fan of it. equal amount buy a land today and forget about it for 15 years that itself will give tax+ growth anukontunna... another peace of mind with outside investment is you can use for anything just not for kids education. growth in these is at 1-3% who ever invested for more than 5 years can tell me what their roi is, i see at 2-3% with inflation its nothing... Ravino: jail antava gandhi kuda welladu adhe bata lo jagan anna | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 33783 Registered: 02-2008 Rating: N/A |
Key is...start early | ||
| King Side Hero Username: King Post Number: 4044 Registered: 08-2008 Posted From: 66.69.203.235 Rating: N/A |
probably you are referring to your state allowed deductions. If you are married you both of you can contribute upto 24K anta but depending on your state, you may only deduct upto $x on your state tax. For eg in TX as there is no state tax no issue, but if you are in NJ you can still contribute $24K and deuct $24K on federal tax but may be allowed to deduct only $5k on NJ state tax if $5K is the limit BTW..nenu ink start ckeyaledu. 401K, ledu, 529 ledu emi levu.. Ashton - I'm living an Amish lifestyle. so far so good. | ||
| Maverick Legend Username: Maverick Post Number: 40890 Registered: 01-2008 Posted From: 12.148.189.25 Rating: N/A |
5k kada max towards 529? 20k ela? Who is this DB member? | ||
| Gotcha Side Hero Username: Gotcha Post Number: 9410 Registered: 02-2008 Posted From: 23.21.180.104 Rating: N/A |
U can withdraw by paying fine if not for college This real estate is for sale. | ||
| Mental_sachinodu Side Hero Username: Mental_sachinodu Post Number: 8928 Registered: 10-2008 Posted From: 208.85.128.5 Rating: N/A |
meer kaallege ki elli mansi degree thessukossu... collector avvossu anukunta the world of appearances may or may not be real, or both may and may not be real - or may be indescribable; or may be real and indescribable, or unreal and indescribable; or in the end may be read and unreal and indescribable - its all Syadvada | ||
| Rajusk Megastar Username: Rajusk Post Number: 23368 Registered: 02-2008 Posted From: 208.54.87.228 Rating: N/A |
kid college ki vellanu ante..ee funds emi avuthayi appudu | ||
| Gotcha Side Hero Username: Gotcha Post Number: 9409 Registered: 02-2008 Posted From: 184.73.195.118 Rating: N/A |
U can contribute maximum 20k per year i think, like 401k u save tax so example if u input 20k everyyear u r saving 6k which would have gone in taxes. Savings here. Now every year u get 10% return on ur money. More savings. U get state tax credits, more savings here. Current college education is 140k so by the time ur kid grows in 15 years imagine how much it will be. So start the plan as soon as u have the kid. This real estate is for sale. | ||
| Analog Side Hero Username: Analog Post Number: 2614 Registered: 05-2008 Posted From: 129.110.241.69 Rating: N/A |
Gud thread!! 5 stars NenoDi neeve gelichi... nee gelupu naadani thalachi... raagaalu ranjilu roje raaji rammanTi | ||
| Gotcha Side Hero Username: Gotcha Post Number: 9408 Registered: 02-2008 Posted From: 184.73.195.118 Rating: N/A |
The way i started it is for the birthday finction for my kid i asked guests to contribute to it if interested rather than bringing any gifts. I use bright college savings of illinois This real estate is for sale. | ||
| Rgvrocks Junior Artist Username: Rgvrocks Post Number: 194 Registered: 04-2009 Posted From: 192.223.243.6 Rating: N/A |
Wow..hats off to ur planning..10yrs back ante..you will not be paying much in premiums as the Dividends kick in after few years. too expensive in the initial years, could not convince myself paying $1000 every month for life insurance | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 33777 Registered: 02-2008 Rating: N/A |
BTW, you can contribute max. allowable at once, any time before dec 31 | ||
| Oohlala Side Hero Username: Oohlala Post Number: 3195 Registered: 09-2008 Posted From: 173.36.196.10 Rating: N/A |
Hyder et al. indi varaku chala sarlu discuss chesamu, archives choodandi. I chatted with a college coach few years ago and mad some notes. Need to look for it though. | ||
| Cool_indian Junior Artist Username: Cool_indian Post Number: 912 Registered: 02-2008 Posted From: 157.93.242.52 Rating: N/A |
Good thread. ee 529 lo contribute chesthe..what are our options if we chose to go back...is it like 401k ? | ||
| Rudraksha Junior Artist Username: Rudraksha Post Number: 292 Registered: 07-2012 Posted From: 70.181.57.58 Rating: N/A |
good thread, state to state policies differ. maa CT arealo anyone doing this? | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 33776 Registered: 02-2008 Rating: N/A |
ammai kaadhu. Maharastra uncle. It may not be the best...but I took it 10 yrs ago, when my son was months old. No repents | ||
| Guru Side Hero Username: Guru Post Number: 4352 Registered: 05-2009 Posted From: 199.67.140.46 Rating: N/A |
India lo ismart ischolar plan ela untaady? last time oka agent tinesaad tiskomani ikkada kanna ROI ekkuva kada desam lo ani okati tiskunna | ||
| Rgvrocks Junior Artist Username: Rgvrocks Post Number: 193 Registered: 04-2009 Posted From: 192.223.243.6 Rating: N/A |
Ippude FAQ sadavatam start chesa annaru? you nailed it right. kallu moosukoni 529 open chesesi, maree 100% target kaakunna, at least 40-50% target to veelainanta toseyyandi, tarvata regret avvaru. | ||
| Simba Side Hero Username: Simba Post Number: 7624 Registered: 02-2008 Posted From: 24.188.108.251 Rating: N/A |
pakka thread nuvve kadaa esindi? Just 1.5 cr petti airport daggara villa kondamani... | ||
| Rgvrocks Junior Artist Username: Rgvrocks Post Number: 192 Registered: 04-2009 Posted From: 192.223.243.6 Rating: N/A |
evaro beautiful NWM agent baaga convince chesinattundi vaalla..premiums arachakam, current quality of life ku emaatram takkuva cheyyakunda, offord cheyya galigite, NWM plans are good. | ||
| Alochinchu Junior Artist Username: Alochinchu Post Number: 493 Registered: 03-2008 Posted From: 65.51.27.62 Rating: N/A |
I will join tomorrow.  | ||
| Andhrawala Hero Username: Andhrawala Post Number: 15140 Registered: 03-2008 Posted From: 152.51.56.1 Rating: N/A |
I am p[articipating in it currently. started 3 years back we have state tax benefit ROI ani kaadhu kaani today we feel it as expense and out of our pocket. so worst case that money will be tehre No Signature | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 33772 Registered: 02-2008 Rating: N/A |
you pay taxes when you take out the money. The advantage with insurance is....peace of mind . Kids will go to college whether parents are there or not. we dont need to pay fully for the kids. kids can take half the amount or so as loans from federal govt etc | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 9418 Registered: 01-2008 Posted From: 98.221.83.14 Rating: N/A |
ante mana bota boti salaries tho ippati nundi pado parako venakesthe vaalla college time ki konchem ayina helping avutundi ani :-) Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Masularex Side Hero Username: Masularex Post Number: 2123 Registered: 05-2010 Posted From: 202.133.59.139 Rating: N/A |
mudu naalegellu levu appude kids college funds anta! single and  | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 9415 Registered: 01-2008 Posted From: 98.221.83.14 Rating: N/A |
deeniki tax deduction at source, tax free return on investment etc vundavu emo kadaa as it is ins ?? Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Telugu_times Moderator Username: Telugu_times Post Number: 33771 Registered: 02-2008 Rating: N/A |
I took northwest mutual's life insurance. It can be used for kids education as well http://www.northwesternmutual.com/products-and-services/pers onal/life-insurance/permanent-life-insurance.aspx | ||
| Getafix Hero Username: Getafix Post Number: 11479 Registered: 02-2008 Posted From: 159.127.66.112 Rating: N/A |
i don't know under what circumstances one can apply for need based FA..mana desis sports scholarship thoi college kellatam kuda takkuve chances.. unless kids super bright ayithe thappa 529 fund start jeyatam better option emo. | ||
| Parugu Junior Artist Username: Parugu Post Number: 252 Registered: 07-2012 Posted From: 192.234.2.25 Rating: N/A |
chala types of accounts unnaemo, e type better? detail gaa cheppandi teerikadorikite | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 9413 Registered: 01-2008 Posted From: 98.221.83.14 Rating: N/A |
mee lanti experts kosame waiting... please share ur inputs. much appreciated. Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Chillarodu Side Hero Username: Chillarodu Post Number: 2258 Registered: 03-2008 Posted From: 208.28.24.254 Rating: N/A |
Got it.. Thx A diamond with a flaw is better than a common stone that is perfect. | ||
| Gotcha Side Hero Username: Gotcha Post Number: 9407 Registered: 02-2008 Posted From: 184.73.166.127 Rating: N/A |
Me doing it This real estate is for sale. | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 9412 Registered: 01-2008 Posted From: 98.221.83.14 Rating: N/A |
aayana adigina Q slighly diff. But you brought up a good point... My view on that - most of the desis / working couples case lo need based FA ki justification kashtam anyway... so that aspect will not weigh in i guess Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Getafix Hero Username: Getafix Post Number: 11477 Registered: 02-2008 Posted From: 159.127.66.112 Rating: N/A |
need based FA chances definitely tagguthayi.. scholarships based on merit or other skills no change.. Need based FA ki parental assets factor in chesukuntaru so having a 529 fund will reduce chances. | ||
| Maverick Legend Username: Maverick Post Number: 40889 Registered: 01-2008 Posted From: 12.148.189.25 Rating: N/A |
dec 31 lopala cheyyali..so put ur inputs.. t_t lanti vallu milk share chesukunte baguntundi Who is this DB member? | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 9411 Registered: 01-2008 Posted From: 98.221.83.14 Rating: N/A |
NO. Misconception anta. If kids get aid/scholarship etc then you can withdraw the funds without any penalty which will otherwise be 10%. However, you need to pay 10% fed tax on earning at the time of withdrawal. College tuition ki use chesthe no need to pay fed tax. Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 9410 Registered: 01-2008 Posted From: 98.221.83.14 Rating: N/A |
achu tappu. dabbulu leni vaallaki ilaanti kashtaalu.. as we will not be sure abt our future fin state. solid background vunte ee options/savings enduku? repu kids ki asthulu gatraa ivvakapoyina (not my pref as well) at least education ki ayina sponsor cheyyali gaa Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein | ||
| Chillarodu Side Hero Username: Chillarodu Post Number: 2257 Registered: 03-2008 Posted From: 208.28.24.254 Rating: N/A |
oka vela.. vaallaki FULL AID or any aid vachinaa not eligible anta.. nijamena? A diamond with a flaw is better than a common stone that is perfect. | ||
| Parugu Junior Artist Username: Parugu Post Number: 251 Registered: 07-2012 Posted From: 192.234.2.25 Rating: N/A |
if you are done with research and opening accounts, please share your analysis and report. we will follow guddiga  | ||
| King Side Hero Username: King Post Number: 4042 Registered: 08-2008 Posted From: 208.185.201.194 Rating: N/A |
dabbulunnollaki enni kashtalu..  ...Ashton - I'm living an Amish lifestyle. so far so good. | ||
| Mrhyderabad Side Hero Username: Mrhyderabad Post Number: 9409 Registered: 01-2008 Posted From: 98.221.83.14 Rating: |
529 ki contribute chesthunna andaru sign-in avvandi i am not a big fan of these funds given their ROI. But HD is on my back to start couple on kids names... Those who are in the same boat as mine also join to discuss... going through few FAQs... too much info to process. So already research chesina vaallu jumpstart istharu ani thread TIA Don't say you don't have enough time. You have exactly the same number of hours per day that were given to Helen Keller, Pasteur, Michaelangelo, Mother Teresea, Leonardo da Vinci, Thomas Jefferson, and Albert Einstein |
