Roth IRAs vs. 529 Plans

Back-to-school season is upon us, which serves as a great reminder to consider how you can help your children or grandchildren fund their higher education.

There are two options: a 529 plan or a Roth IRA. 529 plans are a well-known, popular option. Distributions from a 529 plan can be used to cover the cost of attendance at a public, private or religious K-12 school in addition to higher education. However, a Roth IRA can provide more flexibility, allowing you to earmark as much or as little as you want for higher education expenses.

To learn which of these two options is best for you, click here to download “Planning to Save for Higher Education: Roth IRA vs. 529 Plan.”

For professional assistance with your education planning needs, contact our office at 516-294-5287 to schedule a time for a visit.