529 Plan Ownership Rules Explained
The College Investor Audio Show · The College Investor
December 4, 20246m 50s
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Show Notes
529 plans offer a dedicated way to save for education costs. Generally, parents or grandparents open up 529 accounts to build up a war chest for the beneficiary to eventually use on college or other educational costs.
Since the primary contributor to a 529 isn’t the beneficiary of the account, the ownership rules might feel a bit murky.
We get clear on 529 plan ownership rules in this guide.