Can my sister open a 529 for our niece?

1 Answer

Answer :

answer:Yes you can. You retain control of the money as well. If the child does not go to college, you, within some states and certain plans, should be able to roll that money over to another individual. I grabbed this link to double check my information: http://money.howstuffworks.com/personal-finance/college-planning/financial-aid/529.htm

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