What Happens to Money in a 529 if Not Used

morgan7

Member
The 529 savings plan is a great tool for saving up for education, but what happens if the money isn't used? Fortunately, there are several options https://amazoniansgreencoin.com/
First, the beneficiary can be changed to another family member. This allows you to use the funds for the education of another child, grandson, or even yourself.
Secondly, the money can be used to pay for other educational expenses, such as tuition fees at vocational schools or advanced training courses.
Thirdly, you can leave money in your account for future use. They can be useful if the beneficiary decides to get an education later.
 
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