No. of Recommendations: 0
Misha2 adds:

<<But if I am thinking correctly any money I save out of an education account would be taxed anyway? If my children dont go to college it will still be invested for retirement.
Lastly when they submit for finnancial aid only a small amount of my assets can be figured in and none in a retirement account, and if it is in a education account under thier name they need to consider 100%.

Am I thinking correctly>>

That's correct on all counts, which may make your approach a good way to go.

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