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Author: PSUEngineer Big funky green star, 20000 posts Top Favorite Fools Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 8156  
Subject: Re: 529 vs. Roth IRA Date: 5/15/2012 10:25 AM
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You should check to see if there are any state tax benefits for contributions to your state's 529. Here in NC, I get a state tax deduction on the first $5000 in contributions to the 529 so I contribute that much each year.

Don't forget about the Coverdell Education Savings Accounts. You can contribution up to $2000 per year if your modified adjusted gross income is less than $220,000 joint ($110,000 single). You have the same investment options as you do the Roth IRA. I have accounts for my daughters at Scottrade.

PSU
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