Hello,
I wasn't sure where to put this so I put it in the forum that most applies to me, a young dreamer.
What is the best way to save money for children under the age of 18?
The college 531 or whatever plans are probably not a good idea since there is no guarantee they are going to college.
Is there a tax efficient way for a low income mom to be putting money away for them?
An IRA for each child?
Any thoughts would be appreciated.
Thank you,
-Raymond
I wasn't sure where to put this so I put it in the forum that most applies to me, a young dreamer.
What is the best way to save money for children under the age of 18?
The college 531 or whatever plans are probably not a good idea since there is no guarantee they are going to college.
Is there a tax efficient way for a low income mom to be putting money away for them?
An IRA for each child?
Any thoughts would be appreciated.
Thank you,
-Raymond