<p>This is why I love CC; I have been obsessed with how to spend down my junior’s UTMA money market account for FA purposes, but I really don’t want to buy her a car; very pleased that I can just put it into a 529 she owns next year so it would be assessed at 5% when I complete the FAFSA. I guess it would be good to wait to make the transfer just before I do the FAFSA so I have control of the UTMA account.</p>