529 vs. Roth IRA: Which is the Best College Savings Plan
4:56
YouTubeLaw Mother
529 vs. Roth IRA: Which is the Best College Savings Plan
Looking for the best way to save for college? Many people default to 529 plans, but did you know that a Roth IRA can also be a smart and flexible tool for funding higher education? In this video, we break down the pros and cons of Roth IRAs vs. 529 plans and explore why a Roth IRA might be the right choice for your college savings strategy ...
1.9K viewsDec 11, 2024
529 Plan Explained
FAFSA Loans & 529 Plan Explained – College 101 (Part 15) 🎓💡 When planning for college, FAFSA is often the first thing parents think about but it’s not the only tool available. 📌 What is a 529 Plan? A tax-advantaged college savings plan that can be used for: ✔️ Tuition & fees ✔️ Room & board ✔️ Books & supplies ✔️ Required equipment 💡 Why 529 Plans Matter * Earnings grow tax-free when used for education * Owned by parents—not the student * Has less impact on FAFSA compared to student assets ⚠
3:00
FAFSA Loans & 529 Plan Explained – College 101 (Part 15) 🎓💡 When planning for college, FAFSA is often the first thing parents think about but it’s not the only tool available. 📌 What is a 529 Plan? A tax-advantaged college savings plan that can be used for: ✔️ Tuition & fees ✔️ Room & board ✔️ Books & supplies ✔️ Required equipment 💡 Why 529 Plans Matter * Earnings grow tax-free when used for education * Owned by parents—not the student * Has less impact on FAFSA compared to student assets ⚠
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529 Plan: What It Is, How It Works, Pros and Cons
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