Saving for College: Tax Breaks and Strategies Your Family Should Know
RogerRossmeisl
MARCH 3, 2025
tax code may help ease the financial burden. Below is an overview of some of the most beneficial tax breaks and planning options for funding your childs or grandchilds education. Theyre treated as taxable gifts to the child, but theyre eligible for the annual gift tax exclusion ($19,000 in 2025). Contributions arent deductible.
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