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529 Plan Federal Estate Tax Calculator

This calculator provides an estimate of potential federal estate tax savings resulting from contributions made to a 529 savings plan. Amounts contributed are removed from the federal taxable estate (along with any growth of the contributed assets). A single gift of up to $65,000 in 2009 ($130,000 for married couples filing jointly) may be made to a 529 savings plan on behalf of a beneficiary without incurring any federal gift tax, provided the gift is treated as having been made over a five-year period. Contributions may be made for multiple beneficiaries.

Enter data in the fields below and click the Calculate button to create a table showing the potential tax savings. A chart can also be generated.

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Donor's 529 plan beneficiaries (maximum of five)
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Advisor information (optional)
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The laws dealing with federal estate taxation are complex.

This calculator is designed to provide only an approximation for illustration purposes. The calculation ignores the effect of any taxable gifts made or any gift tax paid, the generation-skipping transfer tax, and any credits or deductions. State death taxes are not considered in the calculation. The actual estate tax payable at death may be greater or less than the total provided here. An estate planning attorney should be consulted for a thorough discussion of all estate planning issues, including the federal estate tax.



Prepared by Broadridge Investor Communication Solutions, Inc, Copyright 2011