or can that money only go to the child named on the acct?
- posted
16 years ago
or can that money only go to the child named on the acct?
There can only be one beneficiary AT A TIME. But you can change the benficiary at will, as long as the new beneficiary is a qualified family member. I don't know how often you can change the beneficiary. If there's no limit, maybe you could essentially "multiplex" a single 529 plan to cover two children.
--Bill
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