Katie and I feel like money in your 20s is probably the most useful time to get an inheritance. We were fortunate enough that we're well to do enough that we were able to save money for each of our kids to get in their 20s. They've got a multiple tens of thousands of dollars in IRA money. And this 529 savings that we have put together will help pay for college in any graduate or professional school.
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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