529 Plan transfer
Our son passed away and we’ll not be using his 529 plan. Can we liquidate the fund or give some to nieces & nephews?
Terry Says
Oh, I am so very sorry to hear that. Yes, the assets can be transferred to a “family member” and cousins are considered family. Please read this article from SavingforCollege.com to learn how to handle this. Again, my deepest sympathies.
https://www.savingforcollege.com/article/who-is-a-member-of-the-family-of-a-529-plan-beneficiary
