https://boards.hellobee.com/ Pregnancy, Baby and Parenting blog, by Hellobee en Fri, 01 May 2026 09:26:01 +0000 https://boards.hellobee.com/topic/have-you-shared-your-los-529-savings-acct-with-anyone#post-2746413 Mon, 12 Jun 2017 14:49:32 +0000 DesertDreams88 2746413@https://boards.hellobee.com/ <p>Yes I've shared it with my parents, who might contribute, and they will share it with my extended family, some of whom will contribute maybe on birthdays and such. </p> <p>We got a lot of financial gifts for his "college savings" on his 1st bday and we were like errr yeah we'll get on that..... (didn't have an account open yet). </p> https://boards.hellobee.com/topic/have-you-shared-your-los-529-savings-acct-with-anyone#post-2746411 Mon, 12 Jun 2017 14:46:31 +0000 skipra 2746411@https://boards.hellobee.com/ <p>Yes! My dad actually set up the accounts for 2 of our kids and he contributes to all of them. </p> https://boards.hellobee.com/topic/have-you-shared-your-los-529-savings-acct-with-anyone#post-2746407 Mon, 12 Jun 2017 14:37:08 +0000 Shantuck 2746407@https://boards.hellobee.com/ <p>The gifting feature is nice if you ever superfund your account. We have been superfunding the accounts for DS and DD so we hit a max contribution amount. However, gifts coming from others don't count toward that max amount so we usually encourage people to just gift it directly. </p> https://boards.hellobee.com/topic/have-you-shared-your-los-529-savings-acct-with-anyone#post-2746406 Mon, 12 Jun 2017 14:32:49 +0000 JCCovi 2746406@https://boards.hellobee.com/ <p>My relatives give us checks and we deposit to the kid's accounts. We also have Utah! No tax breaks for us though. </p> https://boards.hellobee.com/topic/have-you-shared-your-los-529-savings-acct-with-anyone#post-2746405 Mon, 12 Jun 2017 14:32:06 +0000 yoursilverlining 2746405@https://boards.hellobee.com/ <p>Our relatives all do the same as @Pollywog: and for the same reason </p> https://boards.hellobee.com/topic/have-you-shared-your-los-529-savings-acct-with-anyone#post-2746396 Mon, 12 Jun 2017 14:15:16 +0000 Pollywog 2746396@https://boards.hellobee.com/ <p>My in-laws gift us the money to deposit so we get the tax write off. We don't need it, but appreciate it. </p> https://boards.hellobee.com/topic/have-you-shared-your-los-529-savings-acct-with-anyone#post-2746394 Mon, 12 Jun 2017 14:12:53 +0000 littlebug 2746394@https://boards.hellobee.com/ <p>Yes, all of our parents and siblings have gifting access to their accounts, but they can't see the balance or (obviously) withdraw anything. We have PA 529s. </p> https://boards.hellobee.com/topic/have-you-shared-your-los-529-savings-acct-with-anyone#post-2746390 Mon, 12 Jun 2017 14:03:26 +0000 BSB 2746390@https://boards.hellobee.com/ <p>I was updating my LO's 529 accounts and I see there is a gifting feature. I might share it if anyone asks about it. My MIL has been asking DH about us setting up a savings account for the twins. </p> <p>Got me wondering if anyone has a 529 savings account for their LO and if they have shared it to relatives or friends. </p> <p>Oh, I have Utah Education Savings Plan (UESP) through recommendations from an old HB thread. Thanks! </p>