Bob Greene: It's exciting to hear about this new way to take advantage of 529s and Roth IRAs. But we don't have any more details today about how it's going to work, he says. Greene: So my recommendation is that you don't do anything about this yet. "It wouldn't surprise me if by this fall, we can start recommending this as a strategy"
Today we answer your questions about 529's. We try to help clarify the changes coming with Secure Act 2.0. We talk about if it would make sense for 529s to be under a grandparents name to avoid your child not qualifying for FAFSA. We discuss if it is smart to save in a 529 if you aren't sure if your child will attend college in the US. Dr. Dahle answers questions about his families' plan for inheritance for their kids and discusses which funds to choose for your kids Roth IRAs. We even touch on the topic of how much is reasonable to spend on an engagement ring.
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