The best time to start was yesterday.
The second best time is today.
The money in a 529 Plan grows tax-free as long as it’s used for higher education.
The sooner you put in the money, the more time it has to grow.
The more time it has to grow, the more it grows.
The more it grows, the less you pay in taxes.
If you put in $75k today, it’ll grow to $250k in 18 years.
That’s $175,000 you wouldn’t pay 15% taxes on ($26,500 in total).
So fund it soon and fund it fast.
