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Financial Planning / Paying For College


Subject:  Paying for College and Aid Date:  2/24/2013  2:04 PM
Author:  imbt68 Number:  8020 of 8484

I have 3 kids a senior a junior and one in middle school. each have nominal amounts in a 529.

I have alot in my 401k but don't want to touch that and I have my home almost paid off.

I want to refinance and take $70K out for each of them before the rates go up which i think they will by next year.

Should i put this money in a short term investment account or park it in a 529 for each of them locking in current tuition?

Will having liquid cash affect financial aid?

Is it better for them money to be in my name or theirs?

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