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To: MayflowerMadam
don't college funds carry certain tax ramifications?....if the parents put away this money I'll bet they used a tax avoidance of some kind....

perhaps the kid is a brat and perhaps the daddy is just a control freak and oppressive....

58 posted on 07/13/2022 12:19:01 PM PDT by cherry (;)
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To: cherry

“don’t college funds carry certain tax ramifications?”

I’m pretty sure it depends on the structure of the savings, whether it’s just stashed in a regular savings account, or in an established 529 Plan or something.

I don’t know. Have never considered it since I don’t have kids. I have heard friends who have discussed it some.


61 posted on 07/13/2022 12:39:03 PM PDT by MayflowerMadam
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