No. of Recommendations: 0
is it true that roth ira funds can be tapped for a son's/daughter's college education? i've looked at this issue as best i can and i'm coming up empty. i'm a 33-year old mid-level fed. gov't worker with about $120k in my federal thrift savings plan retirement fund (all in the c fund). assuming that money grows at a decent rate, i should be covered for retirement.

therefore, my wife and i are going to try to start beefing up our very meager roth ira's and examine what else the roth ira money might be able to do for us, if necessary depending on the circumstantces in the future. my first son should be born within a couple of weeks, so we're looking at college in about 18 years, if we're lucky.

thanks to all you fools who selflessly give of your time to help others and i apologize if this answer has been given in another post right under my nose.....i've really looked everywhere i can think of for this information but it seems to elude me. regards.
Print the post  

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement