I have 4 kids (6,5,3,and 2) and am looking to start a 529 plan for all of them. With what I've seen with the rules allowing you to transfer to other eligible beneficiaries, I'm thinking about just creating one big account to make the payment schedule less complicated. Am I shooting myself in the foot regarding tax deductions by only having one account instead of 4. I live in Missouri, and am looking at using the T. Rowe Price plan in Alaska. I've seen info indicating that Missouri has a $108 tax deduction. I would appreciate any insight on the wise way to proceed. Thanks,
-Ben