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grandchild savings acct
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jd4930
Posted 3/13/2021 17:08 (#8890704 - in reply to #8890469)
Subject: RE: grandchild savings acct


Central ND
SilverSeeder - 3/13/2021 14:32

I would go with a 529 but make sure it can be used for either college or no college. Some are worded thst finds need to be used for education. I have a 529 for the kids that I hope to use for college but it it doesn’t work the funds can be used as wished.


Are you sure about this? Are you saying if you don't use it for college your money just disappears or.......? The way I understand it is if you dont use it for school you just have to pay tax when you withdraw it?
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