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How does a 5 year old use their 401k to increase the quality of their education?

• Workaccount2 1y ago
  Probably should allow parents to open college investment accounts for kids at birth. Even $5k invested at birth would be $50k at 25, enough to mostly pay off a state school degree. So yeah, generally I think that would be a good idea.
  • naniwaduni 1y ago
    We do have, like, four versions of that in the US alone, yes, starting with 529 plans.
  • p_j_w 1y ago
    Suppose I’m a 5 year old born to poor parents. Should I have just made better life choices?