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We have a 529 plan with 50k in it, but now grandma generously decided to pay for college. Can we still use the 529 plan?
We have a 529 plan with 50k in it, but now grandma generously decided to pay for college. Can we still use the 529 plan? If the checks are made from grandma to the school, then I think we cannot claim those expenses for 529 withdraw purposes, right? How can we utilize our 529 plan while we actually don't pay for college. Do we need to make grandma send us the money, and then we pay from our accounts?
submitted by /u/Relative-Ladder-2557
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