Maybe this question was asked already but can’t find the answer to my question.

I’m a grandpa and was thinking of gifting $13,500 to each of my 3 grandchildren.

Can I do this as a direct conversion from R/O IRA which is tax deffered into 3 seperate 529 plans for my grandchildren????

I don’t want to pay the tax on the $40,500 and wondering if this is feasible???????

Thanks in advance for any responses and to all have a Happy Holiday season.