Article 5K3KC Should You Open a Roth IRA or a 529 Savings Plan?

Should You Open a Roth IRA or a 529 Savings Plan?

by
Mike Winters
from Lifehacker on (#5K3KC)
1d621d28ba982007cea517bc23e1cfe4.jpg

Roth IRAs and 529 savings plans are great for saving for college-both are taxed upfront, allowing you to withdraw the investment after it's grown much larger due to compound interest, without getting hit with a huge IRS bill. But which one is better? Like most choices involving your portfolio, their are trade-offs to...

Read more...

External Content
Source RSS or Atom Feed
Feed Location http://lifehacker.com/rss
Feed Title Lifehacker
Feed Link https://lifehacker.com/feed/rss
Feed Copyright Copyright 2025 Ziff Davis, LLC. All Rights Reserved.
Reply 0 comments