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re: Coverdell vs 529 differences???
Posted on 3/20/15 at 11:00 am to poochie
Posted on 3/20/15 at 11:00 am to poochie
Contributions to a 529 just cannot exceed the amount necessary to pay for the expenses for the beneficiary. You also could start dipping in to your lifetime gift allowance if you exceed $14,000 in one year. So basically it is highly unlikely that you would ever be confined to those limits.
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