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New Dad: Tax Savings and College Investing Ideas
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reformedbanker
Posted 1/5/2025 06:55 (#11041704 - in reply to #11041418)
Subject: RE: New Dad: Tax Savings and College Investing Ideas


I love it. Money goes in, saves state tax. Grows tax free and you pick the risk allocation. If spent on college or apprenticeship, goes out fed and state tax free. $10k can be used to pay student loans. And now, $35k can be used to fund child's Roth IRA.
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