Message Font: Serif | Sans-Serif
No. of Recommendations: 0
You've asked this question a couple of times already, so I don't understand why you are still asking it. On this thread on the the Tax Strategies board I gave my opinion that an IRA should be for retirement.

If you want to do this, just do it, but you have received answers to this question already pointing out why it's not a good idea. Are you just looking for someone to validate this so that you can do it? Seems like you have already made up your mind, so I'm not sure what you hope to gain by asking the same question repeatedly.

There's no reason you can't save your money in a taxable account, which is what we chose to do for a variety of reasons although we also did small 529s for the kids as well.
Print the post  


Paying For School Guide
Trying to Tackle Tuition? The Motley Fool's Guide to Paying for School will help you fight those rising education costs.
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.
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.