Surprising Ways to Gift College Funding

In this episode of the Best Advice Podcast, hosts Rob and Frank Lovaglio share heartfelt Mother's Day memories while diving into innovative strategies for funding a college education. Discover the benefits of 529 plans, including the lesser-known five times gifting rule, and learn about making direct tuition payments to schools without gift tax limits. Explore the potential for unlimited gifts towards medical expenses, all under the current IRS regulations. Whether you're a parent, grandparent, or just curious about financial planning, get insights on maximizing your giving potential while honoring the hardworking mothers in our lives. Don't miss out on this mix of personal stories and practical financial advice!