Are you prepared financially for your children’s education? With the skyrocketing costs to put your children through college these days, it is imperative that you have a saving’s plan.

According to an article from www.msnbc.msn.com, the Roth IRA is an excellent college saving fund as well as a retirement fund. One of the main benefits of the Roth IRA is that contributions grow tax-free and you don’t have to pay taxes on them when you withdrawal for things like education and buying your first home.

Another way to save for your child’s education is with a CESA. It works like an IRA and allows you to contribute up to $2,000 annually for 2008.

For more information, please contact a self-directed Retirement Specialist at 1.888.ETC.IRAS (382.4727) or visit our Web site to learn about the Roth IRA or CESA.

Filed under: CESA, Roth IRA on May 2nd, 2008