Roth IRAs vs. 529 Plans

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The back-to-school season can be a great time to consider how you plan to help your children or grandchildren fund their higher education.

529 plans are a popular savings vehicle.  They have continued to gain popularity since the Tax Cuts and Jobs Act changed.  This change allows distributions to be used to cover the cost of school attendance.  This includes public, private, or religious K-12 schools, in addition to higher education.

A Roth IRA can also be a viable option to help fund college expenses. While a 529 plan does come with special tax breaks, a Roth IRA can provide more flexibility. This could allow you to earmark as much or as little as you want for higher education expenses.

To learn more about these two options, click below to download “Planning to Save for Higher Education: Roth IRA vs. 529 Plan.”

For professional assistance with your education planning questions, contact Chris Robinson at our office at 940-464-4104 to schedule a time for a call.



Planning to Save for Higher Education: Roth IRA vs. 529 Plan

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