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New Dad: Tax Savings and College Investing Ideas
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TJH
Posted 1/5/2025 08:05 (#11041772 - in reply to #11041074)
Subject: RE: New Dad: Tax Savings and College Investing Ideas



NEIA
We paid our sons when they were in school. This is over 20 years ago. Tax man didn't want it to be a large amount. Think it was $1500. We put that money in a Roth IRA. After they graduated never put any more in it. $10000 total. Those accounts are into 6 figures already. With 25-30 more years to grow.
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