If you had just one young child, and were not intending to have more, would you still consider using a 529 plan? (2006-11-07)
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|No, because without another potential beneficiary, the risk is too high that the money will not be needed for college and I would end up paying tax and penalty.|
|Yes, the benefits of the 529 plan outweigh the risk that the money will not be needed for college.|
|I don't know and would have to think more about it.|
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