05/29/2026
Today is 5/29, the perfect day to talk about one of the most powerful tools for your child’s future:
The 529 College Savings Plan.
Here is what you need to know for your 2026 planning:
- Contributions to a 529 are treated as gifts. Currently, you can contribute up to $19,000 per individual before you are required to file a gift tax return.
- A special rule allows you to bunch up to 5 years of contributions into one, totaling up to $95,000 in a single year without filing a gift return.
- Your 529 isn't just for college anymore. In 2026, you can use up to $20,000 per year for K-12 education.
Make sure your contributions are working as hard as your students are!
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