529s and your high-net-worth clients
Learn about CollegeBound 529
Source: Invesco Distributors, as of June 2018
1 For 2018, a couple filing jointly can gift up to $30,000 per beneficiary before triggering the annual gift tax ($15,000 if filing single).
2 Any contributions made to a 529 plan are considered "completed gifts" by the IRS, and are immediately removed from the account owner's estate, even though they still control the money.