Today.com – Pay For Your Kid’s College Without Being Taxed

This week on Today.com our question comes from Robert: My Daughter is graduating medical school with over $200,000 in school loans, both private and federal. My wife and I have a substantial nest egg, where we could pay off at least half of her outstanding loans. What would the tax implications if we do this?

Watch above to find out how you can help pay off your child’s college loans without having to pay taxes.¬†

Live Rich,

David Bach

 

One thought on “Today.com – Pay For Your Kid’s College Without Being Taxed

  1. David Bach what is your stack rack n& hack meaning I have a copy of your DOLP Your way out of
    debt but missed the stack hack & rack?

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