tschapira
Returning Member

529, Roth IRA or Brokerage Account for Kids?

Dear TurboTax Community, 

 

I have a 2.5 year old and a 9 month old and I want to start a savings account for college. Between 529 (Illinois), Roth IRA, or a brokerage account, which one will provide the greatest return on investment?  What are your thoughts?

 

Also, should I open all three types of accounts for them and place 1/3 of the funds in each account?