Save
Money / Plan for College
Here is one way you can generate
money for your child’s college education.
- Paying
for your child’s college education does not have to be a daunting task.
Did you know:
- Your
child (between the ages of 8 – 17) can earn wages up to $4,850 without
paying any federal income tax. (The child gets the benefit of the standard
deduction.)
- Any
wages a self-employed parent pays their child are exempt from Social
Security taxes if the child is under 18.
- Did
you know that you can use a IRA for Real Estate?
Ted (Parents)
Joel (child)
Phil (Uncle)
