Basics Of Mutual Funds
Beginning of paper
In this report I decided to take advantage of an opportunity to get information on how best to invest money for my daughter’s college fund. The choices are between Mutual funds or an IRA. Thanks to the research I did for this I have made up my mind how best to invest my money.
My main research ....
Middle of paper
.... 59.5 years old at time of withdrawal. Some exceptions are death, disability or first time purchase of a home.
There is also an Educational IRA which you can contribute a maximum of $500 per year per child. This obviously is only good enough for a college education if you plan to invest in other places.
On the AOL site I used it had a page where you enter in your date of birth and how much money you wish to contribute. I entered in both DOB-7/9/79 (approximately 46 years until retirement) ....
------------------
Word count: 1314
Page count: 5 (approximately 250 words per page)