{"id":1903,"date":"2019-05-20T18:22:58","date_gmt":"2019-05-20T18:22:58","guid":{"rendered":"https:\/\/hbkswealth.com\/?p=1903"},"modified":"2019-05-21T18:47:18","modified_gmt":"2019-05-21T18:47:18","slug":"you-can-donate-a-529-but-its-a-bit-tricky","status":"publish","type":"post","link":"https:\/\/hbkswealth.com\/2019\/05\/you-can-donate-a-529-but-its-a-bit-tricky\/","title":{"rendered":"You Can Donate a 529 \u2013 But It\u2019s a Bit Tricky"},"content":{"rendered":"","protected":false},"excerpt":{"rendered":"

So years ago you set aside money in a 529 plan to help pay for a child’s education. A smart move \u2013 not to mention commendable. But now he or she doesn’t need all that money. Being the philanthropic individual (or couple) you are, you decide to donate the money to a college. Not so fast. There\u2019s a problem. Federal tax law doesn\u2019t favor your philanthropic intentions.<\/p>\n","protected":false},"author":2,"featured_media":1910,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[81],"tags":[130,171,175],"acf":[],"yoast_head":"\nYou Can Donate a 529 \u2013 But It\u2019s a Bit Tricky<\/title>\n<meta name=\"description\" content=\"So years ago you set aside money in a 529 plan to help pay for a child's education. A smart move \u2013 not to mention commendable. But now he or she doesn't need all that money. Being the philanthropic individual (or couple) you are, you decide to donate the money to a college. Not so fast. There\u2019s a problem. Federal tax law doesn\u2019t favor your philanthropic intentions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hbkswealth.com\/2019\/05\/you-can-donate-a-529-but-its-a-bit-tricky\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"You Can Donate a 529 \u2013 But It\u2019s a Bit Tricky\" \/>\n<meta property=\"og:description\" content=\"So years ago you set aside money in a 529 plan to help pay for a child's education. A smart move \u2013 not to mention commendable. But now he or she doesn't need all that money. Being the philanthropic individual (or couple) you are, you decide to donate the money to a college. Not so fast. There\u2019s a problem. Federal tax law doesn\u2019t favor your philanthropic intentions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/hbkswealth.com\/2019\/05\/you-can-donate-a-529-but-its-a-bit-tricky\/\" \/>\n<meta property=\"og:site_name\" content=\"HBKS Wealth Advisors\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-20T18:22:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-05-21T18:47:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/hbkswealth.com\/wp-content\/uploads\/2019\/05\/UniversityCampus.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"768\" \/>\n\t<meta property=\"og:image:height\" content=\"511\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Loriann Facenda\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@HBKSWealthAdv\" \/>\n<meta name=\"twitter:site\" content=\"@HBKSWealthAdv\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Loriann Facenda\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/hbkswealth.com\/2019\/05\/you-can-donate-a-529-but-its-a-bit-tricky\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/hbkswealth.com\/2019\/05\/you-can-donate-a-529-but-its-a-bit-tricky\/\"},\"author\":{\"name\":\"Loriann Facenda\",\"@id\":\"https:\/\/hbkswealth.com\/#\/schema\/person\/c4d7500205a4582290def69b5cede095\"},\"headline\":\"You Can Donate a 529 \u2013 But It\u2019s a Bit Tricky\",\"datePublished\":\"2019-05-20T18:22:58+00:00\",\"dateModified\":\"2019-05-21T18:47:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/hbkswealth.com\/2019\/05\/you-can-donate-a-529-but-its-a-bit-tricky\/\"},\"wordCount\":10,\"publisher\":{\"@id\":\"https:\/\/hbkswealth.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/hbkswealth.com\/2019\/05\/you-can-donate-a-529-but-its-a-bit-tricky\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/hbkswealth.com\/wp-content\/uploads\/2019\/05\/UniversityCampus.jpg\",\"keywords\":[\"charitable gifting\",\"529s\",\"Philanthropy\"],\"articleSection\":[\"Financial Planning\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/hbkswealth.com\/2019\/05\/you-can-donate-a-529-but-its-a-bit-tricky\/\",\"url\":\"https:\/\/hbkswealth.com\/2019\/05\/you-can-donate-a-529-but-its-a-bit-tricky\/\",\"name\":\"You Can Donate a 529 \u2013 But It\u2019s a Bit Tricky\",\"isPartOf\":{\"@id\":\"https:\/\/hbkswealth.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/hbkswealth.com\/2019\/05\/you-can-donate-a-529-but-its-a-bit-tricky\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/hbkswealth.com\/2019\/05\/you-can-donate-a-529-but-its-a-bit-tricky\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/hbkswealth.com\/wp-content\/uploads\/2019\/05\/UniversityCampus.jpg\",\"datePublished\":\"2019-05-20T18:22:58+00:00\",\"dateModified\":\"2019-05-21T18:47:18+00:00\",\"description\":\"So years ago you set aside money in a 529 plan to help pay for a child's education. 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