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Old 08-28-2015, 02:23 PM
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Join Date: Jan 2010
Posts: 10
Gifting limits - family vs charity

Hello,

I am trying to get this general info regarding limits on gifting to charity vs family via 529 or similar plans. I am unable to find these answers explicitly and dont really want to make inferences. So any help that directly answers these will be great.

1) Is the annual limit ($14,000 for FY2015) per beneficiary netted with any other gifting to charity etc ?
2) Is there an overall limit to gifting i.e. for all beneficiaries, charity etc included ?

As an example, I have 2 kids and I also give $2000 to charity. Can I give $28,000 to the 529 plan and the $2000 to charities ?

Thanks



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