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I want to start funding something for my nieces and nephews, but I don’t expect all of them to choose college. Is a 529 still the best option?
I want to start funding something for my nieces and nephews, but I don't expect all of them to choose college. Is a 529 still the best option? I have multiple niblings, ranging from 10 to newborn. I want to start contributing to some sort of savings or investment accounts for each of them. (I do intend to effectively backdate contributions and investment returns for the older kids.) I know a 529 is always recommended, but what if the kid doesn't end up going to college? Everyone invol...
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