Boomers have learned from their experiences with the 401(k) or 403(b) that saving money and having it grow in a tax-shelter is the way to have this money grow faster. They are also learning that the cost for this is having your money tied up and having to pay Federal income and sometimes penalty taxes to get to it.

The ROTH may have been created just for you! If eligible (generally earnings under $95,000 if single or $150,000 if married) you can Enroll in a Tax-Sheltered ROTH using the Internet and contribute up to $2,000 per year. You will always have 100% and tax-free access to your ROTH deposits regardless of the purpose of any withdrawal. Yet, all of the earnings will compound tax-free just as in a 401(k) or 403(b).

What does all this mean? It means that 1) ROTH tax-sheltered savings are not "locked-in" like 401(k) or 403(b) savings and 2) you pay NO income taxes on deposits withdrawn and no taxes on earnings withdrawn after 5 years and age 59 ½.

Now, save in a faster growing tax-shelter for future college education expenses. Or complement with more flexibility your 401(k) or 403(b) retirement savings fund with The ROTH.

Your spouse is eligible for all of the same ROTH benefits.

AND THE ROTH CAN GET BETTER AND BETTER!