Grandparent college 529
What are the advantages or repercussion of a parent adding money to our grandparent 529
Terry Says
Since last year, withdrawals from a grandparent-owned 529 plan do not count as student income, thus making these plans far more attractive. And since they are owned by the grandparent, they aren’t counted at all in the financial aid formula, while parent plans are counted in a minor way, and very slightly reduce aid.
