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Daily Archives: October 23, 2009

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Saving to a Roth IRA for Future College Expenses in the Parent’s Name

Education Planning, RetirementBy Henssler FinancialOctober 23, 2009

A Roth IRA account can be used to save for both retirement and education expenses; however, there are some disadvantages to doing so, including lower contribution limits and the possibility of taxed earnings. For more information on Roth IRA rules and how an account affects education savings, read this Financial Strategy.

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