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Updated about 9 years ago,
529 Plans: The Benefits of Superfunding
For anyone with small children and a high income or net worth I thought I would share this article:
529 Plans: The Benefits of Superfunding
Apparently you can pre-fund $70k ($14k annual limit * 5) for college in a 529 plan. There are other techniques like funding your own personal 529 plan and changing the beneficiary to your kids too. I'm studying all the ins and outs of this so if anyone is familiar with it please comment on the legitimacy.