Have you heard about using a Roth IRA to save for college? It’s possible, but there are pros and cons you should know. Learn more here: https://theci.co/roth-ira-save-college
0:00 – Intro
0:39 – What is a Roth IRA?
1:16 – Withdrawal regulations with Roth IRAs
1:49 – Earning withdrawals with Roth IRAs
2:09 – Roth IRA withdrawal exceptions
3:15 – Example of using Roth IRA for college
3:50 – How this impacts FAFSA
4:23 – Drawbacks of using a student’s Roth IRA
4:55 – Drawbacks of using your Roth IRA for college
5:49 – Other options to pay for college
Here’s what we’re going to talk about in this video:
▶︎ What is a Roth IRA
▶︎ When are you allowed to withdraw early from a Roth IRA
▶︎ How a Roth IRA impacts your FAFSA
▶︎ Using a child’s Roth IRA or parent’s Roth IRA
▶︎ Alternatives to Save for College
★☆★Resources Mentioned in this video:★☆★
💵 Best Roth IRA Accounts: https://thecollegeinvestor.com/23676/best-ira-accounts/
💵 529 Plan Guide: https://thecollegeinvestor.com/529-plan-guide/
★☆★ Want More From The College Investor? ★☆★
💻 Check out our website here: https://thecollegeinvestor.com/
