I was looking for a gift to give to a x-girls freind son.I all way gave him things that would fall by the waste side.Now that i am not around him so much i do not know things to get him.still wanting to get things for his b-day and x-mas, i am turning to the school ira. One thing i was thinking not only does this help him to save for school. The gift can be a write off for me. (is my thinking right?)Anthor plus is the cap of the Ira is going for $500- To $2500.So others who want can put in to the Ira also If they know about it.
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