Optimal Relationships Daily - Dating, Marriage and Parenting cover image

2688: Investing For Your Kid's College Education: The Rule of 5 by Wanderer of Millennial Revolution

Optimal Relationships Daily - Dating, Marriage and Parenting

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Intro

This chapter delves into saving for children's college education through investment options like the RESP in Canada and the 529 plan in the U.S. It introduces the 'Rule of Five' to aid parents in investment allocation based on their child's age, emphasizing the accounts' tax benefits and growth potential.

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