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Tip of the Month | July 2023

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Tip of the Month | July 2023

Gifting Limits

Written By: Nick Ziarek, CFP®, CFA

Helping with costs for a child’s upcoming wedding or home down payment?

The annual gifting limit for 2023 is $17,000 ($34,000 per married couple), which can be doubled by also making a gift to their spouse.

 


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