Smart Education Planning For Children and Grandchildren
RL051 - Retirement Lifestyle: Smart Education Planning For Children and Grandchildren
On this episode of the Retirement Lifestyle Show, Roshan Loungani, Erik Olson and Adrian Nicholson talk about college funding. They discuss conventional and unconventional approaches to college funding, the upward trend of college tuition fees, and the cost-benefit considerations of a college education. The hosts also discuss the strengths and weaknesses of using 529 state plans, standard investment accounts, and Roth IRAs to finance college for your kids and grandkids.
01:21] The Varied Approaches to College Funding [06:40] The Tax Benefits of 529 Plans and Prepaid Tuition Plans [18:52] Standard Investment Accounts and Roth IRAs [27:26] UTMA, UGMA, and Coverdell Education Savings Accounts [29:48] Structuring Your Assets to Qualify for Financial Aid [34:22] Cost-Benefit Analysis of College Education
Roshan can be reached at firstname.lastname@example.org or at 202-536-4468.
Erik can be reached at email@example.com or 815-940-4652.
Adrian can be reached at firstname.lastname@example.org or at 703-915-8905.
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