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re: Best Method to Save for Childrens College?
Posted on 4/29/24 at 1:01 pm to Billy Blanks
Posted on 4/29/24 at 1:01 pm to Billy Blanks
If you have a lot of money in a traditional or rollover IRA, you might also consider a Roth conversion or a series of Roth conversions. If your conversion has been in your Roth for five years, you can get the conversion amount tax free without penalty. That's one reason why it is often better to max out your retirement accounts before you try to save for college.
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