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Here are three little-known facts about 529 plans
by alexoscarew | December 29, 2012 at 01:04 pm
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http://newsdoors.blogspot.com/2012/12/here-are-three-little-known-facts-about.html
Here are three little-known facts about 529 plans
1. Accelerated gifting. A 529 plan is the only investment vehicle allowing five years of tax-free gifts in a single year — up to $130,000 per beneficiary.
2. Estate tax benefits. All 529 plan gifts and investment earnings are excluded from federal estate taxes due to rise from 35% to 55% next year if the Bush tax cuts expire.
3. Legacy planning. Multiple family members and friends can give to the same 529 plan account to help create larger college funds and lasting legacies.
http://newsdoors.blogspot.com/2012/12/here-are-three-little-known-facts-about.html
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