|
The Motley Fool Discussion Boards
|
Previous Page | |
|
Investing/Strategies / Retirement Investing |
||
|
URL:
http://boards.fool.com/tim-the-education-ira-idea-sounds-good-at-first-10308331.aspx
|
||
| Subject: Re: Education IRA Question(s) | Date: 9/4/1998 10:17 AM | |
| Author: peppermintpatty | Number: 5332 of 72499 | |
|
Tim: The Education IRA idea sounds good at first, but if you read the full disclosure you'll see that some other new benefits (HOPE Scholarship Credit & Lifetime Learning Credit) may be more beneficial to the parent than using the distribution of an Ed/IRA... In order to preserve the right to use the two new tax credits & still withdraw from a funding source I prefer to use a Roth/IRA or even a traditional IRA! But do read the rules completely before making a decision. Best wishes. PP |
||
| Copyright 1996-2013 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us | ||