Tuesday, June 6, 2023

How to save on taxes when paying for college

LAS VEGAS — College is a major expense for many families, but a payment strategy can provide significant tax savings, according to a college funding expert.

"Distribution planning is not just for retirement," said certified financial planner Ross Riskin, chief learning officer for the Investments & Wealth Institute. Families also need a plan when tapping assets to pay for college , he said.

Publisher: CNBC
Date: 2023-06-06T13:30:01 0000
Author: https www facebook com CNBC
Twitter: @CNBC
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