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Start Holiday Shopping Now: Ways to Save Big

Many reports suggest that consumer holiday spending will increase this year and retailers are willing to give big discounts to draw you into their stores. The key to taking advantage of this is to set a budget, figure out who you want to buy gifts for, and what you’ll be giving them. Once you make this list, you’ll be able to seek out deals on the items you need. Curious how you can give big, but [...]

Should You Use a Roth IRA to Save for College?

John Chladek2010-05-05T13:35:56+00:00May 5, 2010|529 Savings Plan, Blog, Saving|

I hear this question a lot since a Roth IRA allows you to withdraw money to pay for qualified higher education expenses without paying a 10% early withdrawal penalty. While there are both advantages and disadvantages to using a Roth IRA for your children’s college education depending on your own personal situation, the short answer for most people is… NO, you should not use a Roth IRA to save for your children’s college education. Let’s [...]