TopHot
529 beneficiary change
529 beneficiary change I'm planning to setup a 529 with myself as a beneficiary and change the beneficiary to my child after 16 years.
Is this allowed without penalty? Can I have 2 beneficiaries(both children) for the same 529 at the same time? Will the change of beneficiary result in any taxable events?
I'm new to this and would appreciate any help.
submit...
Category:
