Question about Roth IRAs?

Roth IRAs are for retirement not for education. there are better investments for education.529s state sponsored been the most popular have in mind that the account most be in your name and your daughter's been the beneficiary because it will be an obstacle to get financial aid when she go to college. this account is deductible on your state taxes {state not federal} and you can contribute up to ten thousand dollars a year if you are married the earnings are not taxable if used for college education, books, computer, tuition,room and board, transport if you close the account and take the profits then the earnings are taxable at your then braket plus a ten percent penalty.