If you do not, then you are not building up any assets in taxable investment accounts from these tax savings. (thecollegeinvestor.com)
First, he or she could save more in taxable investment accounts and manage their investments to minimize and defer capital gains taxes. (thecollegeinvestor.com)
The only exception is if the student has some type of taxable investment account — then there could be some tax liability. (thecollegeinvestor.com)