Learning Library Quick Answers Investment Planning

Once a 529 account is established, who retains control over the investment decisions?

Answer: Each Plan Manager develops a number of model portfolios for which you can choose to invest your savings in. Federal law re....

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Once the 529 College Savings account is opened and the beneficiary is named, can we change the beneficiary?

Answer: The 529 College Savings account allows for the change of beneficiary at any time by the account owner. Certain beneficiary....

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Should a grandparent change ownership of a 529 to the child at age 18?

Scenario: A client, the grandmother, deposited monies into a trust owned 529 for a child's benefit. The child is now 18 and going ....

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Should the student's siblings' investments be moved from an UGMA to a 529 plan to get more aid?

Question: If a sibling has UTMA and older HSsibling does not know if he/she will be attending a public or private university, does....

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What are the benefits of a 529 College Savings Plan?

Answer: The 529 College Savings Plan allows assets to appreciate tax deferred and provide tax free withdrawals if the assets are u....

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