529 Account for Multiple Kids
Hi Terry,
I saw you on WGN this morning talking about a 529 account. You specifically said that if one kid gets a scholarship, the other kid can use the funds. I just had my second child and my question is, should I open a separate 529 account for kids two, or just contribute more to the one knowing that both kids can use those funds?
Terry Says
I’d suggest opening separate accounts. That way the grandparents can give annual gifts to each
