I did not know about the SECURE Act and now being able to use up to 10k from a 529 to pay off student loans! I always learn something from you and the other Money Guy team, thank you!!!!
Thanks for the info. Did not know about the ABLE account. Great new info. I would like to start saving for my grandchild. His parents make a large income so college will be covered. I can't set up a ROTH as he is only 3 months old. How can I start saving for his retirement without the account passing to him at 18?
Can you explain how taxes work more with the custodial brokerage accounts? Do I invest dollars from my paycheck post taxes and then when/how does the tax-benefit come into play?
The Best Ways To Save for Kids
I did not know about the SECURE Act and now being able to use up to 10k from a 529 to pay off student loans! I always learn something from you and the other Money Guy team, thank you!!!!
Yet another great article on a relevant topic in my life. Keep up the good work Daniel!
Thanks for the info. Did not know about the ABLE account. Great new info. I would like to start saving for my grandchild. His parents make a large income so college will be covered. I can't set up a ROTH as he is only 3 months old. How can I start saving for his retirement without the account passing to him at 18?
Can you explain how taxes work more with the custodial brokerage accounts? Do I invest dollars from my paycheck post taxes and then when/how does the tax-benefit come into play?