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"Tiktok - From 529 to Roth IRA: Best Investment Options for Kids"

Like what you see? Follow us so you don't miss out on Money Saving tips & tricks to help you Crush Debt & grow your Savings. Find us on IG, TikTok, Youtube, & our website scrunchyfi.com.... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA Are you looking for the best way to set your kid up for financial success? Well, thanks to a viral TikTok video, we have a new option to consider - the 529 turned Roth IRA. First, let's break down what each of these investments are. A 529 plan is a tax-advantaged savings plan specifically designed to pay for future education expenses. A Roth IRA, on the other hand, is an individual retirement account that allows you to save for retirement while also providing tax-free growth and withdrawals. The TikTok video, posted by user @moneywithmaggie, suggests that parents can maximize the benefits