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Updated almost 10 years ago,

User Stats

66
Posts
13
Votes
Brian Armstrong
  • Rental Property Investor
  • Oakland, CA
13
Votes |
66
Posts

529 Plan vs. Roth IRA

Brian Armstrong
  • Rental Property Investor
  • Oakland, CA
Posted

I'm not sure if this is the right forum category for this question, but it seemed most appropriate.

I'd like to start a college savings plan for my son and I'm curious if a 529 plan or a ROTH IRA is a better choice. I know there are different advantages and disadvantages to both, but any input would be greatly appreciated.

I do anticipate my son will go to college. I am also planning to have enough rental property in time to not need the money from either of these plans, but it seems like it wouldn't hurt to have more than one option.

Thanks in advance BP community.

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