How much can a grandparent give to a 529 plan?
Grandparents can contribute up to $17,000 per year to a 529 plan without incurring gift taxes, aligning with the annual gift tax exclusion. A special provision allows lump-sum contributions of up to $75,000 per grandchild, treated as if they were spread over five years for gift tax purposes. Contribution limits and tax implications may vary; consult a financial advisor for current regulations.