Question: Pebbles Flint Pebbles Flint, age 25, is a full time student and is married to Slate Stone. Pebbles and Slate are expecting their first child

Pebbles Flint Pebbles Flint, age 25, is a full time student and is married to Slate Stone. Pebbles and Slate are expecting their first child next month. Fred would like to surprise Pebbles with a special gift for her baby: 4 years of free college tuition when his granddaughter reaches the age of 18. Fred estimates that this will cost him $2,000 per year, for 18 year Fred would like to the details (advantages) of any tax planning ideas for saving money for his grandchild's college tuition. Specifically Fred would like to know: i. iii. when can Fred start saving for his grandchild's education what is the maximum amount that he can contribute, and does he receive a tax deduction when the contribution is made

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