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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I honestly think people don't know you can do a Roth rollover. 
[/quote]

It's pretty new in the past few years[/quote]

I am guessing because these fat accounts contributed to the rapidly rising tuition rates even for the 3rd tier colleges, because parents had to spend it.  Colleges will accommodate and take it.   :lol:  But after a while this incentive creates certain social ills.  
For the kids of parents who haven't been able to establish these accounts the situation had become dire with massive college debt making them debt slaves upon graduation. It also created ultra competitive environment even for 2nd tier colleges to get into, making parenting in good school districts another level of stress and misery and overspending on extracurriculars, $$$ sports. And it likely played the role in discouraging younger generation from having kids or having more kids.

Providing parents flexibility to apply these unspent amounts elsewhere hopefully will slow down tuition inflation and other ills that come with it.[/quote]

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