Saving for College; The Sooner the Better

If you wish to achieve a financial planning goal, you need to start as early as possible. That’s because the more time you have to save for a goal, the more your investments grow due to the compounding of interest.

Using Roth IRA to pay for college

If you have children or grandchildren whom you hope will go beyond high school and receive a college education, there’s a good chance you’ve thought about setting some money aside to help pay their expenses. There are some terrific ways to do this, including utilizing 529 plans, but one savings vehicle that is often overlooked as a way to fund a child’s college education is a Roth individual retirement account.