A TJ called The Lion

[WJCO]

Congrats!!

 

[Arrcherr]

That's awesome news! Good luck!

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[Clutch]

Congrats to everyone! Gonna be a big day!


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[sipafz]

Congratulations! Start that 529 plan!

 

[2007 JKU CANADA]

Congratulations

 

[Elroy231]

Thanks guys!

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[Elroy231]

Congratulations! Start that 529 plan!

Whats a 529 plan? At the risk of sounding ignorant I must ask.

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[wjtstudios]

Whats a 529 plan? At the risk of sounding ignorant I must ask.

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College savings plan. It’s a good tax deductible was to put away for the kids college.


2015 JKUR AEV JK350
1985 CJ8 Scrambler

 

[fiend]

College savings plan. It’s a good tax deductible was to put away for the kids college.


2015 JKUR AEV JK350
1985 CJ8 Scrambler

Tax deductible in Michigan? Not in California. Appreciation is tax free though, if spent on qualified educational expenses.


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[wjtstudios]

Tax deductible in Michigan? Not in California. Appreciation is tax free though, if spent on qualified educational expenses.


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Yes sorry, the appreciation is not taxed. The initial investment is post tax.


2015 JKUR AEV JK350
1985 CJ8 Scrambler

 

[Elroy231]

Oh yes. I do remember hearing about that. We have savings for our kids. Just didn't set it up that way. I like the idea of some tax free savings better than our accounts for them!

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[Clutch]

Per a Google search, MIchigan has a 529 plan that offers a tax deduction up to $10k a year.


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[Weebz]

Congrats man. Hope everything goes well.

 

[Elroy231]

Congrats man. Hope everything goes well.

Thank you!

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[JKbrick]

Woo Hoo, best wishes sent your way.


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[Elroy231]

Woo Hoo, best wishes sent your way.


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Thanks. Its going pretty slow, but her and the baby are fine.

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[benatc1]

Congrats! Pretty life changing but so awesome

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[19YJ94]

Congrats, also best wishes for you all.

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[RockinAZJK]

Congrats to you! Hope all continues well


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[TOPLESS]

Congrats!!