Re: /schools
- To: g*@hort.net
- Subject: Re: [CHAT] /schools
- From: &* <m*@excite.com>
- Date: Fri, 21 May 2004 13:38:32 -0400 (EDT)
Bonnie: That's brilliant, just brilliant!! Thanks for passing that on!
I've got plans myself when my kids are all raised and on their own, so I
guess now I know how to finance those plans.
Melody, IA (Z 5/4)
"The most beautiful thing we can experience is the mysterious."
--Albert Einstein
--- On Fri 05/21, Bonnie Holmes < holmesbm@usit.net > wrote:
From: Bonnie Holmes [mailto: holmesbm@usit.net]
To: gardenchat@hort.net
Date: Fri, 21 May 2004 13:23:31 -0700
Subject: Re: [CHAT] /schools
Here's an idea for those who think they might want to go back to
school<br>when retired from a financial newsletter I receive.<br><br>The
idea of lifelong learning is an appealing one to many people.
And<br>lifelong certainly would include retirement years. So for a lot
of us,<br>making an education-saving account part of our retirement plan
would<br>make perfect sense.<br> <br>It seems an odd idea on the
surface: College-saving 529 plans are most<br>often pitched at parents
as a way to set aside money that grows tax-free<br>and is used to pay
tuition for children. But there's nothing in the<br>rules governing
these plans that prevents you from donating money to<br>yourself for
later educational use.<br> <br>Most of your retirement planning is
focused on providing a big enough<br>nest egg to meet your anticipated
income requirements. Pensions, IRAs,<br>401(k)s and Social Security all
go into the calculation.<br> <br>But if you think about all of the
activities you might want to<br>undertake in retirement that could be
done as part of continuing<br>education, you can see why a 529 plan
ought to be included in that mix:<br>Many college and extension courses
include exotic travel, fine dining<br>and cooking, adventure outings and
other interesting excursions as part<br>of the curriculum.<br> <br>The
only real trick is that the courses you take must come through
an<br>accredited institution in order to meet the rules for tax-free
529<br>expenditures. But that can be a lot easier than you might
think.<br> <br>This twist on the traditional use of 529s was first posed
by our Tax<br>Watch columnist Eva Rosenberg several years ago. It hasn't
caught on --<br>yet. But remember, the 401(k) was once just an obscure
section of<br>corporate tax law -- until someone came along who saw its
greater<br>potential.<br> <br>Steve Kerch, personal finance
editor<br>_______________________________________________________________________<br><br>Bonnie
Zone 6+ ETN<br><br><br><br><br>> [Original Message]<br>> From:
<Zemuly@aol.co
m><br>> To: <gardenchat@hort.net><br>> Date: 05/20/2004
5:49:11 PM<br>> Subject: Re: [CHAT] /schools<br>><br>> In a
message dated 5/20/2004 7:29:52 PM Central Standard Time, <br>>
hodgesaa@earthlink.net writes:<br>> Which is why we go back to grad
school 15 (I mean 12) years later when we<br>> learn what we want to
be when we grow up........<br>> My brother, who got his undergraduate
degree in painting, has been a <br>> paralegal for about 25 years
now. In the interim he has gotten a masters<br>in liberal <br>>
studies with a focus on play writing. Now that he's 50 he's decided
he<br>wants a <br>> JD so he's starting law school in the fall. I
have to admire him. At 62<br>I <br>> still don't know what I want to
do with my life and am constantly toying<br>with <br>> the idea of
going to grad school. No wonder people think I'm nuts.
<LOL><br>> zem<br>><br>>
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