Yucca Mountain nuclear waste repository. The Yucca Mountain Nuclear Waste Repository, as designated by the Nuclear Waste Policy Act amendments of 1987, is to be a deep geological repository storage facility for spent nuclear fuel and other high level radioactive waste in the United States.
In any given year, you can give up to $13,000 per child, without incurring any kind of reporting requirement, and without any gift tax liability. If you are married, you and your spouse can each give this amount, or $26,000 total. You can give more than this amount, but if you do, you must file an IRS Form 709.
Per Child Contribution Limit. The annual contribution limit is $2,000 per child. If you have three eligible children you can contribute $2,000 for each of them. But you can't contribute more than $2,000 for any one child even if you set up multiple Coverdell accounts for that child.