Ask Terry Questions College funds for grandchildern

College funds for grandchildern

By Terry Savage on April 14, 2023 | College Savings / Student Loans

Hi, I have two grandchildern and would like to start a plan for each at $5,000. Is a Brightstart 529 or a Roth IRA better.

Terry Says

No, you can’t open an IRA without earned income. Read this about 529 plans.
https://www.terrysavage.com/529-plans-even-better-now-2/

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