Sentences with phrase «gift limit»

Gifts to a child's 529 plan are subject to annual federal gift limits, $ 14,000 for 2013 and 2014.

Conventional college savings vehicles like 529 plans have no contribution limits (gift limits do apply).

State officials can accept gifts that exceed the state's gift limit if it is for travel - related expenses in conjunction with a speech or conference.

Be honest with children, set gift limits and share more experiences, family financial experts say.

That means both parents working together can give up to two times the federal gift limit every year without triggering the gift tax.

Structure the stock transfer to fit within the IRS's tax - free gift limit of $ 10,000 a year per child.

Prior to making any contributions to the account, make sure the amount you are going to invest for that year is less than that year's tax - free gift limit and avoid that extra layer of tax.

Consider gifting these limited - edition, metallic Munny ornaments, which retail for $ 24.99 through Kidrobot, a New York City - based toymaker.

He said the problem is particularly acute for Cohen if he was not reimbursed because he far exceeded the individual legal gift limit.

The county's old gift limit also didn't stop former Deputy County Executive Rob Walker from accepting — and later, returning — $ 5,000 in cash from a vendor in 2014.

With our wedding and honeymoon right behind us we actually put a Christmas gift limit of $ 200 in place.

These new lifetime gifting limits allow for a tremendous solution for passing on family wealth.

529 plans offer tax - deferred savings, increased annual gifting limits, and state tax deductions in many states.

It's a mix of a loan I made to a friend by check that he paid back in cash, and a cash gift from my parents (under the tax - free gift limit).

Yet unelected government employees can be told that they can not allow someone with whom they're meeting to buy them coffee because it might go over the gift limits.

The executive order signed by McAuliffe Saturday establishes a gift limit of $ 100 for all administration officials and their families, including the governor himself.

All of the state lawmakers listed in the Top 10 of gift recipients utilized the longstanding loophole that allows elected officials to circumvent the state's $ 440 gift limit.

Most of the gift exchange parties that I am headed to this year have a $ 25 gift limit.

However, items costing $ 4 or less that have your name permanently imprinted on them don't count towards the $ 25 gift limit.

So I figured this would exceed the $ 13,000 (i think) gift limit.

If you have the cash, pay the taxes and gift money to your mom, staying under the gift limit.

To avoid the gift limits your parents should put in each of their wills the inheritance of the home or property they want you to have and to make this happen on the death of the first spouse; that way you can receive the house at the then current value.