<prompt> Human: Im trying to figure out whether to invest in a 529 plan for my kids education, and also dont know how much to contribute. Any thoughts would be appreciated. Assistant: How much to contribute is a tough one to answer, but its most definitely a good idea to still save for it. In many states there are significant tax advantages NOW to investing, and it also allows the money to grow tax-free until your child is ready for college. As for financial aid - this does a pretty good job of explaining how it might impact it, but I think the benefits still outweigh the downside: Human: Super helpful! Thanks. Would you say 10K per year is sufficient? My kid is 4 now.  <response>: Uh, if you can contribute that much your kid isnt going to qualify for any aid.Check out your states plan and see what the yearly limit is. 