While 529 college savings plans are popular for their tax benefits and flexibility, it's worth exploring other avenues to give your family more opportunities and variety for saving for your kids' college education.

Today we are looking at Roth IRAs and real estate which offer unique benefits, such as tax-free growth and potential rental income, that could provide more flexibility and financial stability for your family's future beyond college for your kids.

Join me in exploring how you can diversify your savings approach and ensure a bright future for your children.

Anna's Takeaways:

• Intro (00:00)
• 529 College Savings Plans Drawbacks (04:03)
• Using Roth Iras & Real Estate For College Savings (08:14)
• Alternative Ways To Fund College Education (12:44)

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Money Boss Parents! Welcome to Anna's Money Boss Parent podcast, your go-to resource for mastering money management while raising a family.

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Website & Links mentioned:

• Websites Where You Can Open Accounts: Vanguard, Fidelity, Charles Schwab.
• #210 – 529 College Savings Plan: Getting Started [Part 1
• #211 – Maximizing 529 Plans: Tax Benefits and Best Practices (Part2)