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Financial Planning / Paying For College


Subject:  529 vs. Roth IRA Date:  5/14/2012  12:53 PM
Author:  JEMSS Number:  7962 of 8408


I have read from a few Financial Planners that opening a Roth IRA allows:

1) More flexibility in usage of funds
2) More investment options

as compared to a 529 plan to fund college education.

For example, there are legal clauses in the Roth IRA law that allows for extraction of funds for education purposes before 59 1/2.

Thoughts from the Senior Fools? (and I use Fool respectfully)

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