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529 Savings Plans Are Not Just For College Anymore

TedTed
in The Bullpen
FYI: The nation's most widely used investment vehicle for paying for college is also becoming popular as an estate planning tool and for financing other non-college-related costs thanks to recent tax changes and some creative financial thinking.

As a result of the 2017 tax reform law, an individual contributing to a 529 college savings plan can frontload five years' worth of contributions — or $75,000 total — into one year without incurring federal gift taxes.
Regards,
Ted
https://www.google.com/search?sxsrf=ACYBGNSQTD5ISKGhSZv5LietqxKrKslirw:1567863623194&source=hp&ei=R7NzXbD7CMOt_Qaug6boCw&q=+College+Planning+529+savings+plans+are+not+just+for+college+anymore+&oq=+College+Planning+529+savings+plans+are+not+just+for+college+anymore+&gs_l=psy-ab.3...4092.4092..6052...0.0..0.67.67.1......0....2j1..gws-wiz.Fn_uZB09Q0k&ved=0ahUKEwjwusGS677kAhXDVt8KHa6BCb0Q4dUDCAc&uact=5
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