You could put the money in a Roth IRA. When it is time to withdraw the money, you can only pull out what you have put in and not the interest (until you meet certain age requirements), but the interest grows tax free.

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Posted by jimbeam

University of LSU

Member since Oct 2011

75703 posts

Posted on 8/31/17 at 2:50 pm to mswiggins

I wouldn't pull from retirement accounts to do what he wants. That is assuming he is maxing roth anyway.

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