This is the last year that I will encourage son to contribute to his 529 plan. He's 24o, unmarried, has a big savings account, adequate life insurance, good health insurance, and a fairly secure but new job. He had 2009 income in a state that gives a income deduction for a 529 contribution. His new resident state does not have a tax incentive for 529s. The potential for tax free growth for the next 20+ years (no girlfriend) is very attractive for just a small initial investment. IF he should not have children, then he will be a very magnanimous, Rich Uncle.
Son did not contribute to 529 for 2008 even with income because his future income status was largely unknown until this, April 2009.