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Financial Planning / Paying For College


Subject:  Re: Coverdell contribution limit Date:  8/16/2012  7:15 PM
Author:  reallyalldone Number:  7976 of 8314

I have a Roth IRA already so I'm trying to absorb all the pros/cons of using that as well.

Not sure what you mean by "use it" but definitely fully fund Roths(to your eligibility) for you and your wife first. It's like the Certs of account(2 purposes in one). If you have ample funds for retirement, using this for college is a possibility.

About Coverdells - this is my opinion having watched this from