Grandparent 529

nomoneytree
Fri, 14 Aug 2015 19:43:26 +0000

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YES…the money needs to go to YOU directly. YOU need to pay the bills. Has Mom already given the money to the school?

There was 1 payment of $1500 that my mother paid directly to the school and another disbursement from 529 plan of $2500 that my Mom withdrew and then submitted to the school. Next payment ($2500) is due the 20th of the month. I have the $1000. My mom will gift me the $1500 and I will pay the $2500 bill.