Enjoy significant estate tax benefits.

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Through "accelerated gifting," you can reduce your taxable income by contributing five years' worth of gifts ($70,000 if single/$140,000 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.

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In addition, you may contribute up to $14,000 ($28,000 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.