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  2. 529 plan - Wikipedia

    en.wikipedia.org/wiki/529_plan

    Contributions to 529 plans are considered gifts under the federal gift tax regulations and hence any contributions in excess of the annual exclusion. The annual exclusion in 2024 is $18,000 if filing single (or $90,000 over five years) or $36,000 if filing married jointly (or $180,000 over a five-year period) count against the one-time gift ...

  3. Are 529 College Savings Plans Tax Deductible?

    www.aol.com/529-college-savings-plans-tax...

    Contributions to a 529 plan receive a special exemption from the gift tax you’d typically incur with cash and other gifts totaling $18,000 in a given year. With a 529 plan, the IRS allows you to ...

  4. My wife and I saved up $73,000 in 529 college savings plans ...

    www.aol.com/finance/wife-saved-73-000-529...

    As of 2024, you may be allowed to roll over up to $35,000 in unused funds from your 529 plan into a Roth IRA account for the beneficiary — the idea being that these unused funds can help ...

  5. Should you worry about overfunding your 529 plan? - AOL

    www.aol.com/worry-overfunding-529-plan-185544920...

    The 529 funds you roll over count toward your IRA annual contribution limit. You can move a maximum of $35,000 from a 529 plan to a Roth IRA during your lifetime.

  6. Why Unused 529 Plan Funds Might No Longer Be a Concern With ...

    www.aol.com/why-unused-529-plan-funds-070000800.html

    Annual 529-to-Roth transfers are limited to the lesser of the annual Roth IRA contribution limit ($7,000 in 2024 for adults under 50) or the recipient's actual earnings during that year.

  7. DreamAhead College Investment Plan - Wikipedia

    en.wikipedia.org/wiki/DreamAhead_College...

    A DreamAhead account can be opened with as little as $25. [4] Once opened, contributions to a DreamAhead account can be made by check, Automatic Investment Plan (AIP), Electronic Funds Transfer (EFT), Payroll Direct Deposit, Gift Contribution, [5] Rollover from another 529 account, Re-contribution of a refunded distribution, or by moving assets from a child savings or education savings account.

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