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2. Can a Roth IRA be used for college?

   www.aol.com/finance/roth-ira-used-college...

   In other words, using a Roth IRA for college can reduce eligibility for need-based aid. However, the impact depends on the amount of money withdrawn and which year of school the distribution is made.

3. 529 plan vs. Roth IRA: Here’s how families can use both to ...

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   Here are the pros and cons of using a 529 or a Roth IRA to pay for college. ... to a Roth IRA can be withdrawn tax-free and penalty-free if used for higher education expenses, assuming the account ...

4. 7 Accounts You Should Have by 40, According to Money ... - AOL

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   Chen specifically recommended a Roth IRA “so you can get the tax advantages at 59 1/2.” That refers to the fact that with a Roth IRA, you pay taxes when you contribute the money, meaning that ...

5. You can now move any money left over in your 529 college ...

   www.aol.com/finance/now-move-money-left-over...

   Rolling 529 funds into a Roth IRA can give the beneficiary a head start on retirement savings, with benefits like tax-free growth, flexible investment options and no required minimum distributions ...

6. 6 Ways You Can Use 529 Plans for College Expenses, And 1 Way ...

   www.aol.com/6-ways-529-plans-college-092900650.html

   Image source: Getty Images. The first big thing to understand is what 529 distributions can be used for. While tuition is the main one, college has many other associated costs that can rack up a bill.

7. Should I Open a Roth IRA for My Kids in 2024? - AOL

   www.aol.com/open-roth-ira-kids-2024-073000916.html

   Your child's income must be below a certain threshold to contribute to a Roth IRA. You can contribute up to 100% of your child's earned income to the Roth IRA, with a maximum limit of $7,000 for 2024.

8. Suze Orman: Parents, Get Roth IRAs for Your Kids So They Can ...

   www.aol.com/suze-orman-parents-roth-iras...

   A Roth IRA might be all that they need. At least, that's the suggestion of famous financial personality Suze Orman, who dedicated a blog post to this specific...

9. What is a Roth IRA? How Roth IRAs work, contribution limits ...

   www.aol.com/finance/roth-ira-roth-iras...

   You can withdraw any contributions and earnings tax-free at retirement, with only one stipulation: five years must have elapsed since your first contribution to a Roth IRA, and the clock starts on ...