Kiplinger

How to Help Grandchildren Pay for College

With the fall semester beginning for college students, many grandparents may want to help their grandkids pay for education costs. Of course, the younger the grandkids are, the longer the money squirreled away for their education can grow, but there are ways to help older grandkids, too. Here are a few smart tax-saving strategies you can use.

Direct contributions. With the annual gift-tax exclusion, each grandparent can give up

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