Experts answer your questions about the best ways to save for college, including how to use tax-advantaged '529' accounts
Chana R. SchoenbergerWe again asked experts to help answer reader questions on the best way to save for college, including how to use tax-advantaged “529” accounts.
I have decided to use a Roth IRA to save for my grandchildren’s college education. It is my understanding that you need as much in earned income as the amount contributed to the Roth for that year. My grandchildren are ages 1 and 7, so they don’t have jobs! How do I get around this problem? If I open a Roth IRA in my grandchild’s name, how much can I contribute yearly and how do they...
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