Yes. Direct contributions to a child’s Roth IRAcan be a giftfrom you or someone else.12And they truly are gifts that keep on giving. Because Roth IRAs can be invested in almost any sort ofasset, they are likely to perform much better than a good old savings bond or bank account. Ma...
Though we hadn’t planned to include a rental property into the mix, when it became clear that we could help a relative in need, we decided to tweak our plan andbuy a house that we now rent out to the world’s best tenant. We also made sure to retire withthree years of living exp...
“A larger lump sum contribution may potentially generate more earnings compared to the same size [529] contribution spread out over months or years because it has a longer time horizon,” according to Fidelity. In terms of state tax deduction...