How To Use A Roth IRA To Save For College

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/

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