Should You Tap Retirement Savings to Fund College?
There are three things to consider before dipping into retirement savings to pay for college.
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Some people may want a more advanced gifting strategy that can maximize their gift and generate potential tax benefits.
Information vs. instinct. Are your choices based on evidence of emotion?
The chances of an IRS audit aren't that high. And being audited does not necessarily imply that the IRS suspects wrongdoing.