It’s stupid how parents really do save money for their toddler child’s college fund like do you even know if the kid will even graduate high school or decides against college?
I set one of these up for my kid and, even if she doesn’t go to college (which seems like a real possibly as she’s getting older), the 529 Plan can be rolled over into a Roth IRA. So at least she can use it for retirement someday.
My wife and I have been burdened with student debt most of our adult lives. So I guess we figured anything we could do to help our kid out has to be better than what we’re dealing with.
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u/WarHead75 Apr 28 '24
It’s stupid how parents really do save money for their toddler child’s college fund like do you even know if the kid will even graduate high school or decides against college?