INVESTMENTS

GIVE THE GIFT OF COLLEGE

Give The Education Plan as a Gift


Not just parents, but grandparents, aunts, uncles and even friends can open an Education Plan account.

Suggest a contribution as a Gift


Suggest a contribution to your child's 529 college savings account when friends and family inquire about gift ideas for birthdays, holidays and other special occasions. Contributing to your child's college saving instead of buying toys is a lifelong gift that will pay dividends for them down the road.

The Education Plan offers a gift coupon that makes it easy to contribute. Simply follow the instructions on the coupon, and we will send a confirmation to the account owner1 upon receipt of the contribution.

Maximize Gifting


You-or another family member or friend-can make a combined five-year gift of up to $70,000 ($140,000 per married couple) per child without incurring federal gift tax.2 In addition, completed gifts are excluded from an account owner's estate making it an attractive option for grandparents.


1. Non-Account Owners have no control over contributions. Only Account Owners may direct transfers, rollovers, withdrawals, investment changes and changes in the Designated Beneficiary.
2. If the Account Owner utilizes the special five-year lump sum exclusion and dies within five years of the funding date, the portion of the contribution allocable to the years remaining in the five-year period (beginning with the year after the Account Owner's death) would be included in the Account Owner's estate for federal estate tax purposes. Clients should consult their tax advisor.

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