Using a roth for college saving
I had heard of this in the past from a CFA. I have contemplated it. This article has a nice synopsis of the pros and cons.
Saving for college? Try a Roth. | csmonitor.com
While many financial experts advise making retirement saving the first priority, most parents still want to be able to pay at least part of their children's college costs. Thus, they often establish separate accounts: 401(k) plans to fund their own retirement and state-sponsored 529 plans to save for college.
I had heard of this in the past from a CFA. I have contemplated it. This article has a nice synopsis of the pros and cons.
Saving for college? Try a Roth. | csmonitor.com
While many financial experts advise making retirement saving the first priority, most parents still want to be able to pay at least part of their children's college costs. Thus, they often establish separate accounts: 401(k) plans to fund their own retirement and state-sponsored 529 plans to save for college.