Giving financial gifts can be a generous way to support loved ones, and understanding the gift tax implications is crucial; at money-central.com, we provide clear insights into gift tax rules, annual exclusions, and strategies for giving financial gifts efficiently. We’ll help you navigate the complexities of gift taxes and estate planning with up-to-date information, ensuring you can share your wealth with confidence and minimize tax implications; let’s explore the details, covering annual gift tax exclusion, lifetime exemptions, tax planning, and tax management.
1. Understanding the Basics: What Is the Gift Tax?
The gift tax is a federal tax imposed on the transfer of property by one individual to another while receiving nothing, or less than full value, in return; it’s designed to prevent wealthy individuals from avoiding estate taxes by giving away their assets during their lifetime. When you’re considering gifting, remember the gift tax affects the donor, not the recipient, ensuring fair distribution of wealth and maintaining tax revenue.
The gift tax applies to various types of transfers, not just cash; these can include:
- Cash: Direct monetary gifts
- Real Estate: Transferring ownership of property
- Stocks and Bonds: Giving shares or securities
- Personal Property: Items like vehicles, art, or jewelry
When Does the Gift Tax Apply?
The gift tax applies when the value of the gift exceeds the annual gift tax exclusion, which is $19,000 per individual in 2025; understanding this threshold is crucial for financial planning and avoiding unintended tax consequences.
Gifts given below this amount do not need to be reported to the Internal Revenue Service (IRS), making it a key figure for those planning to provide financial support to family or friends. According to a 2024 report by the Congressional Budget Office, strategic gifting within the annual exclusion limits can be an effective tool for reducing potential estate tax liabilities.
Who Pays the Gift Tax?
The responsibility for paying the gift tax falls on the donor, the person giving the gift; this means that if the value of the gift exceeds the annual exclusion, the donor is required to report the gift and potentially pay the tax. The recipient of the gift is generally not responsible for paying the gift tax unless there is an agreement in which the recipient will pay the gift tax.
There are exceptions, such as when the donor fails to pay the tax, in which case the IRS can seek payment from the recipient. However, in most standard scenarios, the donor bears the tax liability. This is essential knowledge for anyone considering making substantial gifts, ensuring they are prepared for the potential tax implications.
2. Navigating the Annual Gift Tax Exclusion in 2025
In 2025, the annual gift tax exclusion is $19,000 per recipient; this means you can give up to $19,000 to any number of individuals without incurring gift tax or needing to report the gifts to the IRS. For married couples, this exclusion doubles, allowing them to give up to $38,000 per recipient without tax implications.
How Does the Annual Exclusion Work?
The annual exclusion is designed to allow individuals to provide financial assistance to loved ones without being penalized by gift taxes; you can gift $19,000 to as many people as you like each year, and none of these gifts will count toward your lifetime gift tax exemption.
This strategy can be particularly useful for:
- Supporting Family Members: Helping children or grandchildren with educational or living expenses
- Estate Planning: Reducing the size of your taxable estate over time
- Charitable Giving: Making tax-free donations to multiple individuals instead of a single charity
Filing Requirements for Gifts Over the Annual Exclusion
If you give a gift exceeding $19,000 to any one person in a year, you must report it to the IRS by filing Form 709, the United States Gift (and Generation-Skipping Transfer) Tax Return; filing this form does not necessarily mean you will owe gift tax, but it is required to track gifts that exceed the annual exclusion.
The amount over $19,000 will count against your lifetime gift and estate tax exemption, which is a much larger amount (currently $13.99 million in 2025).
Filing Form 709 is essential for reporting gifts that exceed the annual exclusion, ensuring compliance with IRS regulations and proper tracking of your lifetime gift and estate tax exemption.
Strategies for Utilizing the Annual Exclusion Effectively
To maximize the benefits of the annual gift tax exclusion, consider the following strategies:
- Consistent Gifting: Make annual gifts to loved ones to gradually reduce your taxable estate
- Spousal Gifting: Coordinate with your spouse to double the amount you can give tax-free
- Education and Medical Expenses: Pay these expenses directly to the institution to avoid gift tax implications
By utilizing these strategies, you can provide significant financial support to family members while minimizing your tax liabilities.
3. Exploring the Lifetime Gift Tax Exemption
In addition to the annual gift tax exclusion, the U.S. tax code provides a lifetime gift tax exemption, allowing individuals to give away a substantial amount of money and assets during their lifetime without paying gift tax; as of 2025, the lifetime gift and estate tax exemption is $13.99 million per individual.
How the Lifetime Exemption Works
The lifetime exemption is cumulative, meaning it applies to the total amount of taxable gifts you make throughout your life; if you make a gift that exceeds the annual exclusion, the excess amount reduces your available lifetime exemption.
For example, if you give a $100,000 gift to your child in 2025, the first $19,000 is covered by the annual exclusion, and the remaining $81,000 reduces your lifetime exemption by that amount, leaving you with $13,909,000 of exemption remaining.
Combining Annual Exclusion and Lifetime Exemption
The annual exclusion and lifetime exemption work together to provide flexibility in gift-giving; you can use the annual exclusion each year without affecting your lifetime exemption, and you can use your lifetime exemption for larger gifts when needed.
This combination allows for strategic planning, enabling you to:
- Make Regular Gifts: Provide ongoing support to family members without tax implications
- Handle Significant Transfers: Manage larger transfers of assets, such as real estate or business interests
- Plan for Estate Taxes: Reduce your estate tax liability by using the lifetime exemption during your lifetime
Potential Changes to the Lifetime Exemption
It’s important to note that the lifetime gift and estate tax exemption is subject to change based on legislation; the current level of $13.99 million is set to revert to a lower amount in 2026 unless Congress acts to extend it.
Staying informed about potential changes and consulting with a tax professional is crucial to ensure your gift-giving and estate planning strategies remain effective.
4. Taxable Gifts: What Counts and What Doesn’t?
Not all transfers of money or property are considered taxable gifts; understanding what qualifies as a taxable gift is essential for avoiding unintended tax consequences.
Definition of a Taxable Gift
A taxable gift is any transfer of property or money where you receive less than adequate consideration in return; this includes:
- Direct Gifts: Money, property, or assets given without expecting repayment
- Indirect Gifts: Transfers that benefit someone else, such as paying their debt
- Below-Market Loans: Lending money at an interest rate below the applicable federal rate
Exemptions and Exclusions
Several types of transfers are exempt from gift tax, regardless of the amount; these include:
- Annual Exclusion Gifts: Gifts up to $19,000 per recipient per year
- Direct Payments for Medical Expenses: Payments made directly to a medical provider for someone else’s care
- Direct Payments for Tuition: Payments made directly to an educational institution for someone else’s tuition
- Gifts to a Spouse: Transfers to a U.S. citizen spouse are generally tax-free due to the unlimited marital deduction
- Gifts to Charities: Donations to qualified charitable organizations are deductible and not considered taxable gifts
Examples of Taxable vs. Non-Taxable Gifts
To clarify, here are some examples:
| Scenario | Taxable Gift? | Explanation |
|---|---|---|
| Giving your daughter $25,000 for her wedding | Yes | The amount exceeds the annual exclusion, so the $6,000 difference ($25,000 – $19,000) counts against your lifetime exemption. |
| Paying your grandchild’s college tuition directly | No | Payments made directly to an educational institution for tuition are exempt from gift tax. |
| Giving $10,000 to 10 different friends | No | Each gift is below the annual exclusion, so there is no gift tax implication. |
| Transferring ownership of a vacation home to your son | Yes | The fair market value of the home is a taxable gift, and if it exceeds the annual exclusion, it counts against your lifetime exemption. |
| Donating $50,000 to a qualified charity | No | Gifts to qualified charities are deductible and not considered taxable gifts. |
| Loaning money to a friend without charging interest | Yes | The foregone interest is considered a taxable gift if it exceeds certain thresholds. |
| Giving your spouse a new car | No | Transfers to a U.S. citizen spouse are generally tax-free due to the unlimited marital deduction. |
| Paying a friend’s medical bills directly | No | Payments made directly to a medical provider for someone else’s care are exempt from gift tax. |
| Setting up a 529 plan for your niece | Yes | Contributions to a 529 plan are considered gifts, but you can contribute up to $95,000 at once and elect to treat it as if made over a five-year period for gift tax purposes (effectively using five years’ worth of annual exclusions). |
| Gifting stock shares to your brother | Yes | The fair market value of the stock shares is a taxable gift, and if it exceeds the annual exclusion, it counts against your lifetime exemption. |
Understanding these distinctions is crucial for effective gift planning and minimizing tax liabilities.
5. Strategies for Gifting Money Tax-Efficiently
To make the most of your gift-giving while minimizing tax implications, consider these strategies:
Utilize the Annual Exclusion
Make full use of the annual gift tax exclusion by giving up to $19,000 per recipient each year; this strategy allows you to transfer wealth gradually without affecting your lifetime exemption.
Direct Payments for Tuition and Medical Expenses
Pay tuition and medical expenses directly to the educational or medical institution on behalf of someone else; these payments are exempt from gift tax and do not count toward the annual exclusion or lifetime exemption.
529 Plans
Contribute to a 529 plan for a child or grandchild’s education; these contributions are considered gifts, but you can contribute a lump sum (up to $95,000 in 2025) and elect to treat it as if made over a five-year period for gift tax purposes.
Grandmother gifting money to granddaughter
Consider contributing to a 529 plan to help loved ones save for education while utilizing gift tax benefits, allowing for substantial contributions to be treated as if made over a five-year period.
Gifting Appreciated Assets
Instead of gifting cash, consider gifting appreciated assets like stocks or real estate; the recipient can sell the assets and potentially pay capital gains tax at their lower tax bracket.
Charitable Donations
Make charitable donations in lieu of gifts to individuals; charitable donations are tax-deductible and can reduce your taxable income.
Trusts
Set up a trust to manage and distribute gifts over time; trusts can provide tax benefits and ensure that the gifts are used as intended.
Spousal Lifetime Access Trust (SLAT)
Establish a Spousal Lifetime Access Trust (SLAT), which allows one spouse to make gifts to an irrevocable trust for the benefit of the other spouse and other beneficiaries (such as children); this can remove assets from the estate while still providing some access to the funds for the family.
Qualified Personal Residence Trust (QPRT)
Create a Qualified Personal Residence Trust (QPRT) to transfer your home to your beneficiaries while continuing to live in it for a set term; this can remove a valuable asset from your estate and reduce estate taxes.
Irrevocable Life Insurance Trust (ILIT)
An Irrevocable Life Insurance Trust (ILIT) can hold a life insurance policy, keeping the proceeds out of your taxable estate; the trust can then use the proceeds to provide liquidity for estate taxes or other needs.
By implementing these strategies, you can maximize the impact of your gifts while minimizing your tax liabilities and ensuring your financial goals are met.
6. The Impact of State Gift Taxes
While the federal government imposes a gift tax, some states also have their own gift or estate taxes; understanding these state-level taxes is crucial for comprehensive gift planning.
States with Gift Taxes
Currently, no states have a separate gift tax; however, some states have estate taxes, which can affect your overall gift-giving strategy.
States with Estate Taxes
The following states have estate taxes:
- Connecticut
- Hawaii
- Illinois
- Iowa
- Kentucky
- Maine
- Maryland
- Massachusetts
- Minnesota
- Nebraska
- New Jersey
- New York
- Oregon
- Pennsylvania
- Rhode Island
- Vermont
- Washington
- Washington D.C.
The estate tax thresholds and rates vary by state, so it’s essential to check the specific rules in your state of residence.
How State Estate Taxes Affect Gifting
Even if a state doesn’t have a gift tax, its estate tax can impact your gifting strategy; gifts you make during your lifetime reduce the size of your estate, potentially lowering your state estate tax liability.
However, some states have a “clawback” provision, which means that gifts made within a certain period (usually three years) before death are added back into the estate for tax purposes.
Planning Considerations for State Taxes
To effectively plan for state gift and estate taxes, consider the following:
- Consult with a Tax Professional: Get personalized advice from a tax advisor who is familiar with the laws in your state
- Review Your Estate Plan: Ensure your estate plan is up-to-date and reflects the latest state tax laws
- Consider the Timing of Gifts: Be aware of any clawback provisions and plan your gifts accordingly
By taking these steps, you can minimize your state tax liabilities and ensure your gifts are used as intended.
7. How to Report Gifts to the IRS: Form 709
If you give a gift that exceeds the annual exclusion, you must report it to the IRS using Form 709, the United States Gift (and Generation-Skipping Transfer) Tax Return; understanding how to complete this form is essential for compliance with tax laws.
When to File Form 709
You must file Form 709 if you give any of the following:
- Gifts to any one person that exceed the annual exclusion ($19,000 in 2025)
- Gifts of future interests (gifts that the recipient cannot use immediately)
- Gifts to a generation-skipping trust
Form 709 is due on April 15th of the year following the gift; if you file an extension for your individual income tax return, the Form 709 due date is also extended.
What Information Is Needed for Form 709
To complete Form 709, you will need the following information:
- Your name, address, and Social Security number
- The recipient’s name, address, and Social Security number (if known)
- A description of the gift, including its value and date of the gift
- The fair market value of the gift at the time it was given
- Any applicable discounts or exclusions
You may also need to provide documentation to support the value of the gift, such as appraisals for real estate or stock valuations.
How to Complete Form 709
Form 709 consists of several schedules and sections; here are the key steps:
- Basic Information: Fill out your personal information and indicate whether you are married and whether your spouse is consenting to split gifts.
- Gift Tax Reconciliation: Calculate the total amount of taxable gifts you made during the year.
- Schedule A: Computation of Taxable Gifts: List each gift you made, including the recipient, description, date, and value; subtract any applicable exclusions to arrive at the taxable gift amount.
- Schedule B: Gifts From Prior Periods: Report any prior taxable gifts that have reduced your lifetime exemption.
- Schedule C: Adjusted Taxable Gifts: Calculate the total amount of adjusted taxable gifts, which is used to determine your estate tax liability.
- Tax Computation: Calculate the gift tax using the unified tax rates; this tax is offset by your available lifetime exemption, so you may not owe any tax.
- Generation-Skipping Transfer (GST) Tax: If you made gifts to a generation-skipping trust, you may need to complete additional schedules to calculate the GST tax.
- Sign and File: Sign and date the form and file it with the IRS by the due date.
You can file Form 709 electronically or by mail; the IRS website provides instructions and addresses for filing by mail.
Common Mistakes to Avoid
- Failing to Report Gifts: Not reporting gifts that exceed the annual exclusion can result in penalties and interest.
- Incorrect Valuation: Using an incorrect value for the gift can lead to inaccurate tax calculations.
- Missing Documentation: Failing to provide adequate documentation to support the value of the gift can result in IRS scrutiny.
- Not Splitting Gifts: Married couples can split gifts, which allows them to double the annual exclusion; failing to do so can result in higher taxes.
By avoiding these mistakes and carefully completing Form 709, you can ensure compliance with tax laws and minimize your gift tax liabilities.
8. Gifts to Minors: Special Considerations
When gifting money or assets to minors, there are special considerations to keep in mind, particularly regarding control and management of the funds.
Custodial Accounts (UGMA/UTMA)
One common way to give gifts to minors is through a custodial account, also known as a Uniform Gifts to Minors Act (UGMA) or Uniform Transfers to Minors Act (UTMA) account; these accounts allow you to transfer assets to a minor, with a custodian (usually a parent or guardian) managing the account until the minor reaches the age of majority (usually 18 or 21, depending on the state).
The assets in the custodial account belong to the minor, but the custodian has the authority to make investment decisions and use the funds for the minor’s benefit; gifts to a custodial account are considered completed gifts and qualify for the annual gift tax exclusion.
Trusts for Minors
Another option for gifting to minors is through a trust; trusts can provide more control over how the assets are used and distributed. There are several types of trusts that can be used for gifting to minors, including:
- Irrevocable Life Insurance Trust (ILIT): Allows gifts to be made to a trust that owns a life insurance policy.
- Section 2503(c) Trust: This type of trust is specifically designed for gifts to minors; it requires that the assets and income be used for the minor’s benefit and that the remaining assets be distributed to the minor at age 21.
- Crummey Trust: This type of trust allows gifts to qualify for the annual gift tax exclusion, even if the minor does not have immediate access to the funds; the minor has a temporary right to withdraw the funds, which is known as a “Crummey power.”
Trusts can provide greater flexibility and control than custodial accounts, but they also involve more complexity and legal fees; consulting with an estate planning attorney is essential when setting up a trust for a minor.
Tax Implications for Minors
Gifts to minors may have tax implications for the minor; if the minor’s unearned income (such as interest or dividends from the gifted assets) exceeds a certain threshold ($2,600 in 2025), it may be taxed at the parent’s tax rate, known as the “kiddie tax.”
The kiddie tax applies to children under age 18 (or age 24 if they are full-time students) and can result in higher tax rates on the minor’s unearned income; it’s important to consider the potential tax implications when gifting assets to minors and to plan accordingly.
Considerations for Large Gifts
If you are planning to make a large gift to a minor, it’s essential to consider the potential impact on financial aid; assets in a custodial account or trust may reduce the minor’s eligibility for financial aid for college.
It’s also important to consider the minor’s ability to manage the assets when they reach the age of majority; if you have concerns about their financial responsibility, a trust may be a better option than a custodial account.
By carefully considering these special considerations, you can ensure that your gifts to minors are used as intended and that the tax implications are minimized.
9. Common Gift Tax Mistakes to Avoid
Navigating the gift tax rules can be complex, and it’s easy to make mistakes that could result in penalties or higher taxes; here are some common gift tax mistakes to avoid:
Failing to Report Gifts
One of the most common mistakes is failing to report gifts that exceed the annual exclusion; even if you don’t owe gift tax because of the lifetime exemption, you are still required to file Form 709 to report the gift.
Failing to report gifts can result in penalties and interest, so it’s essential to keep track of your gifts and file Form 709 when required.
Incorrect Valuation of Gifts
Using an incorrect value for the gift can lead to inaccurate tax calculations; the value of the gift is the fair market value at the time it was given, which can be difficult to determine for certain assets, such as real estate or artwork.
It’s essential to obtain a qualified appraisal for any non-cash gifts that have a value exceeding $19,000; the appraisal should be performed by a qualified professional who is familiar with the valuation of the type of asset being gifted.
Not Utilizing the Annual Exclusion
Failing to utilize the annual exclusion is a missed opportunity to transfer wealth tax-free; make sure to give up to $19,000 per recipient each year to take full advantage of this exclusion.
If you are married, you and your spouse can combine your annual exclusions to give up to $38,000 per recipient each year; this strategy can be particularly effective for supporting family members or reducing your estate tax liability over time.
Treating Loans as Gifts
Lending money to family members or friends without charging interest can be treated as a gift by the IRS; if the interest rate is below the applicable federal rate (AFR), the difference between the AFR and the actual interest rate is considered a taxable gift.
To avoid this mistake, make sure to charge interest on any loans to family members or friends, and use an interest rate that is at least equal to the AFR; you should also document the loan with a written agreement that includes the interest rate, repayment terms, and collateral (if any).
Giving Gifts of Future Interests
Gifts of future interests, such as gifts to a trust where the beneficiary does not have immediate access to the funds, do not qualify for the annual gift tax exclusion; these gifts are still taxable and must be reported on Form 709.
To avoid this mistake, make sure that any gifts you make qualify as present interests; this means that the recipient must have immediate access to the funds or property.
Not Splitting Gifts with Your Spouse
Married couples can split gifts, which allows them to double the annual exclusion; if one spouse gives a gift that exceeds the annual exclusion, the other spouse can consent to split the gift, which means that each spouse is treated as having given one-half of the gift.
To split gifts, both spouses must consent on Form 709; this strategy can be particularly useful for large gifts or for couples who want to maximize their use of the annual exclusion.
By avoiding these common gift tax mistakes, you can ensure compliance with tax laws and minimize your gift tax liabilities; consulting with a tax professional is always a good idea to get personalized advice and ensure that you are following all the rules.
10. Seeking Professional Advice for Gift Tax Planning
Given the complexities of gift tax laws and regulations, seeking professional advice is often the best approach; a qualified tax advisor can help you navigate the rules, minimize your tax liabilities, and ensure that your gifts are structured in the most tax-efficient way.
Benefits of Working with a Tax Advisor
- Expert Knowledge: Tax advisors have in-depth knowledge of gift tax laws and regulations and can provide personalized advice based on your specific situation.
- Strategic Planning: A tax advisor can help you develop a comprehensive gift tax plan that aligns with your financial goals and minimizes your tax liabilities.
- Compliance: A tax advisor can ensure that you are complying with all applicable tax laws and regulations, including filing Form 709 correctly and on time.
- Peace of Mind: Working with a tax advisor can give you peace of mind knowing that you are making informed decisions and avoiding costly mistakes.
When to Seek Professional Advice
- Large Gifts: If you are planning to make a large gift that exceeds the annual exclusion or that involves complex assets, it’s essential to seek professional advice.
- Estate Planning: Gift tax planning is closely related to estate planning, so it’s a good idea to consult with a tax advisor as part of your overall estate planning process.
- Changing Tax Laws: Tax laws are constantly changing, so it’s important to stay informed and seek professional advice when there are significant changes that could affect your gift tax planning.
- Complex Situations: If you have a complex financial situation, such as owning a business or having multiple sources of income, it’s essential to seek professional advice to ensure that your gift tax planning is appropriate.
How to Choose a Tax Advisor
- Credentials: Look for a tax advisor who is a Certified Public Accountant (CPA), an Enrolled Agent (EA), or a tax attorney; these professionals have the education, training, and expertise to provide quality tax advice.
- Experience: Choose a tax advisor who has experience with gift tax planning and who is familiar with the tax laws in your state.
- Reputation: Check the tax advisor’s reputation by reading online reviews and asking for referrals from friends or colleagues.
- Communication: Choose a tax advisor who is a good communicator and who is able to explain complex tax concepts in a way that you can understand.
- Fees: Discuss the tax advisor’s fees upfront and make sure you understand how they are calculated; some tax advisors charge by the hour, while others charge a flat fee for certain services.
By seeking professional advice from a qualified tax advisor, you can ensure that your gift tax planning is effective, compliant, and aligned with your financial goals; remember, the information provided here is for general guidance only and should not be considered as professional tax advice; consult with a qualified tax advisor for personalized advice based on your specific situation.
To further assist you in your financial journey, money-central.com offers a range of tools and resources designed to help you manage your finances effectively; from budget planners to investment guides, our platform is dedicated to providing accessible, reliable, and up-to-date financial information.
FAQ: Frequently Asked Questions About Gift Tax
-
What is the gift tax?
The gift tax is a federal tax on the transfer of property from one person to another without receiving full consideration in return; it’s designed to prevent individuals from avoiding estate taxes by giving away their assets during their lifetime. -
Who pays the gift tax?
The donor (the person giving the gift) is responsible for paying the gift tax; the recipient of the gift generally does not have to pay gift tax unless there is an agreement in which the recipient will pay the gift tax. -
What is the annual gift tax exclusion for 2025?
The annual gift tax exclusion for 2025 is $19,000 per recipient; this means you can give up to $19,000 to any one person without incurring gift tax or needing to report the gift. -
What is the lifetime gift and estate tax exemption for 2025?
The lifetime gift and estate tax exemption for 2025 is $13.99 million per individual; this means you can give away up to $13.99 million during your lifetime and at death without paying gift or estate tax. -
Do I need to file a gift tax return?
You need to file Form 709 (United States Gift (and Generation-Skipping Transfer) Tax Return) if you give gifts to any one person that exceed the annual exclusion ($19,000 in 2025), gifts of future interests, or gifts to a generation-skipping trust. -
What types of gifts are exempt from gift tax?
Exempt gifts include gifts up to the annual exclusion amount, direct payments for medical expenses or tuition, gifts to a spouse, and gifts to qualified charities. -
How does the gift tax affect estate planning?
Gifts made during your lifetime reduce the size of your estate, which can lower your estate tax liability; however, gifts that exceed the annual exclusion will reduce your lifetime gift and estate tax exemption. -
Can I give gifts to minors?
Yes, you can give gifts to minors through custodial accounts (UGMA/UTMA) or trusts; however, there are special considerations, such as the kiddie tax and potential impact on financial aid. -
What happens if I don’t report a taxable gift?
Failing to report a taxable gift can result in penalties and interest from the IRS; it’s essential to file Form 709 if you are required to do so. -
Where can I get help with gift tax planning?
You can seek professional advice from a qualified tax advisor, such as a Certified Public Accountant (CPA), an Enrolled Agent (EA), or a tax attorney; they can provide personalized advice based on your specific situation.
We encourage you to explore our website, money-central.com, to discover articles, tools, and resources that can help you achieve your financial goals; whether you’re planning for retirement, managing debt, or seeking investment advice, money-central.com is your trusted source for financial empowerment.
Address: 44 West Fourth Street, New York, NY 10012, United States
Phone: +1 (212) 998-0000
Website: money-central.com
