529 plan grandchildren

DigitalDad
Thu, 16 Dec 2021 22:22:51 +0000

mom60:

We never heard of them for our own kids

Since you are using the “plural” - one consideration could be future grandchildren from the other “kids”. If you maintain the 529 under your name, it will make it easy to re-designate your grandparent 529 to other kids’ children, in case the first grandchild gets great scholarships and doesn’t draw it down, or “life happens” in other ways.