from24/7 Wall St.1 week agoEducationI Used to Think a 529 Was the Perfect Educational Savings Vehicle, Until I Learned These Drawbacks529 plans offer tax advantages but may have significant drawbacks including penalties for non-qualified withdrawals and strict usage limitations.
fromBusiness Insider1 month agoEducationI've saved $100,000 for each of my 2 children for college. Here's how I did it and what I could've done differently.Utilizing 529 plans and custodial Roth IRAs is a strategic approach to save for children's college education.
from24/7 Wall St.1 week agoEducationI Used to Think a 529 Was the Perfect Educational Savings Vehicle, Until I Learned These Drawbacks
fromBusiness Insider1 month agoEducationI've saved $100,000 for each of my 2 children for college. Here's how I did it and what I could've done differently.
fromIndependent1 month agoEoin McGee answers: 'I have 15k saved for my children's education. Should I take it out of low-interest account and put it to work elsewhere?'A guaranteed return option is preferred for long-term savings towards children's education.