Thread: Money Investing megathread extravaganza
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Old 09-22-2021, 06:35 PM   #11518
petegz28 petegz28 is offline
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Quote:
Originally Posted by Chazno View Post
I would say that is assuming you can fully fund the Roth. If you can only put away 6k a year, put it in the Roth. No reason to put 3k into 529 and 3k into Roth. If your kids decides not to go to college or gets scholarships you will end up losing money or finding alternate uses for it (grandkids, neices/nephews).
The deal is though, you invest one way for your retirement and another for your child's education. I am far more aggressive with my kid's 529 than I am my Roth IRA.
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