Enjoy significant estate tax benefits.
Through "accelerated gifting," you can reduce your taxable income by contributing five years' worth of gifts ($75,000 if single/$150,000 if married, filing jointly) to a CollegeChoice Advisor account in one year without incurring gift taxes.1
The below chart illustrates how one grandparent immediately reduced his taxable estimate by $420,000, by making the maximum five-year gift to his six grandchildren.
In addition, you may contribute up to $15,000 ($30,000 if married, filing jointly) in a single year without incurring a gift tax.
1 In the event you do not survive the five-year period, a pro-rated amount will revert back to your taxable estate.