Ask Terry Questions 529 College Savings

529 College Savings

By Terry Savage on December 31, 2022 | College Savings / Student Loans

Is it best (financially) to make owner of 529 account in parent’s or grandparent’s name? Thank you!

Terry Says

Due to a change in the tax law this year, there is no longer any difference or impact on financial aid on grandparent-owned accounts. So either is fine.

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