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URL:  http://boards.fool.com/i-believe-i-have-my-answer-quotsection-529-30878579.aspx

Subject:  Re: 529 Plans and Gift Taxes Date:  9/19/2013  7:26 PM
Author:  JAFO31 Number:  119169 of 124579

I believe I have my answer:


"Section 529 plans also provide favorable federal estate and gift tax provisions, making them a valuable estate planning tool. There is an accelerated gift option that allows you to average gifts over $13,000 per beneficiary ($26,000 for married couples) over a five year period without incurring federal gift tax. So an individual can contribute up to $65,000 per beneficiary in one year and a couple up to $130,000 per beneficiary without incurring gift tax. [[[NOTE - this was written be