529 plan grandchildren

DigitalDad
Fri, 17 Dec 2021 20:32:55 +0000

Colorado_mom:

what happens down the road if the grandchild (and siblings) opt to not go to college

One option is to use funds for private/parochial school fees (elementary through high school), another is that parents might decide to change (or double-down on) their career and pursue a second degree, masters, etc.

The 529 is no longer a literal “College” fund.