My poor dad is stressed out about what type of world his grandkids are going to grow up in. Currently he’s toiling over the decision of what type of account to make contributions to for them: a 529 plan or the new “trump account” IRA for under-18 year olds.
The idea of college will be long dead by the time my toddler turns 18.
If he maxed out that IRA for 18 years it still wouldn’t go as far as half a coin at $70k a coin. Also they wouldn’t have to wait until the year 2090 to access it without penalty.
The idea of college will be long dead by the time my toddler turns 18.
If he maxed out that IRA for 18 years it still wouldn’t go as far as half a coin at $70k a coin. Also they wouldn’t have to wait until the year 2090 to access it without penalty.
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