$10k or $30k to contribute to 529 plan?

[sleepydragon]

Wondering what people’s advice on how much to contribute to 529?

I can get state tax deduction up to 10k, but I could contribute up to 30k without triggering gift tax recording.

 

It’s seems a good way to leave money for kids (and grandkids), and nowaday private college is becoming very expensive.

[pocoapoco]

Wow you get a state tax deduction?! Nice    I’m in California and don’t believe I ever did

 

I would go $30k  Front load that thing

[Guest cherzeca]

I only gave $10K/yr, but I started early so I was in no rush. if you are in a rush, do more...also, remember, if you go above annual exclusion, you dont trigger a gift tax, you just use up some your consolidated estate/gift lifetime exclusion