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Daddy
I know this is a stupid question, but is there any way someone can pay their student loan payments "Pre-Tax", kind of like funding a 529?

I HIGHLY doubt it, but I was just wondering. Thanks!
ziggypop
QUOTE(Daddy @ Dec 13 2006, 10:12 PM) *
I know this is a stupid question, but is there any way someone can pay their student loan payments "Pre-Tax", kind of like funding a 529?

I HIGHLY doubt it, but I was just wondering. Thanks!



Good try, but no. You can get a tax break because the SL interest you pay each year is tax deductible (up to a certain amount), even if you don't otherwise itemize your taxes, but that's about the only tax involvement as far as paying your SLs (now, there's lots of tax involvement if you DON'T pay them -- but that's a whole other deal!!! wink.gif ).


Hope this helps!!
Daddy
Thanks Ziggy. I appreciate it!
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