Gifting made easy
With a Path2College 529 Plan, anyone can make a gift contribution to your child’s college education. From grandparents and other family members to friends and neighbors, everyone can help your child reach their goals.
529 fact:
Contributions can make a great gift for special occasions like birthdays or holidays.
Ugift®
Ugift offers a convenient way to give, receive and make special contribution requests. Log in to your account to begin.
Legacy and estate planning
Gifting larger amounts to a 529 account is a unique opportunity to support your loved one’s college education and contribute to your personal investments.
How do 529 plans work for legacy and estate planning?
For the tax year 2023 :
- There’s no federal gift tax on contributions you make up to $17,000 per year if you’re a single filer, or $34,000 if you’re filing jointly.
- You can accelerate your gifting with a lump sum gift of $85,000 for single filers or $170,000 for joint filers and pro-rate the gift over five years per the federal gift tax exclusion.
- You can gift this amount to as many individuals or beneficiaries as you like, free from gift tax.
What are the federal estate and gift tax benefits?
Contributions to a Path2College 529 account may help reduce the taxable value of your estate.
Are there state tax benefits for giving to a Path2College 529 Plan account?
Georgia taxpayer gifts may be eligible for the Georgia state income tax deduction.1
More to explore
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Explore our plan
Learn more about eligibility and all the qualifying expenses a Path2College 529 account can cover.
How our 529 works -
Find your fit
We make it easy to choose investment options that fit your financial needs and savings goals.
Explore your options -
Ready to get started?
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