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

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

   A 529 plan is a tax-advantaged savings plan designed to help parents or grandparents cover the costs of their child’s or grandchild’s education. ... the annual gift tax exclusion for 2024 is ...

3. 529 plan contribution limits for 2024: What college savers ...

   www.aol.com/finance/529-plan-contribution-limits...

   The IRS doesn’t impose a contribution limit on 529 plans, unlike for other tax ... to a 529 plan, it’s considered a gift by the IRS. ... open a 529 plan. Parents, grandparents and other ...

4. Are 529 College Savings Plans Tax Deductible?

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   A 529 college savings plan is a special tax-advantaged account that lets parents, grandparents and just about anyone else save money toward a child’s education costs.

5. What You Need to Know Before Gifting a 529 Plan - AOL

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   Fortunately, 529 plan gift contributions help solve both issues by providing … Continue reading → The post How to Make a 529 Plan Gift Contribution appeared first on SmartAsset Blog.

6. Grandparents and Advisors Need to Know About These 529 ... - AOL

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   State and federal tax benefits make a 529 college savings account one of the more strategic ways to save money for college. But savers should be aware: Upcoming changes to the Free Application for ...

7. The ‘grandparent loophole’ is putting much-needed money back ...

   www.aol.com/finance/grandparent-loophole-putting...

   Previously, distributions from a grandparent-owned 529 plan had to be reported as untaxed student income, which could reduce financial aid eligibility by as much as 50% of the withdrawal amount.