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Drop Five Years of Gifts Into a Kid’s College Fund in One Shot Without Triggering the Gift Tax

By

Michael Williams

4h agoen

Source

24/7 Wall St.Drop Five Years of Gifts Into a Kid’s College Fund in One Shot Without Triggering the Gift Tax247wallst.com
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If you have a 529 college savings plan, or you’re about to open one for a kid or grandkid, the tax code hides a move most families never use: you can drop five years of gift tax exclusions into that account in a single check. It’s called 529 superfunding, and it lets you shovel a ... Drop Five Years of Gifts Into a Kid’s College Fund in One Shot Without Triggering the Gift Tax

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