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re: Tax Gurus--START Plan (529) Transfer
Posted on 6/21/17 at 4:28 pm to tight lines
Posted on 6/21/17 at 4:28 pm to tight lines
I think they either have to get the funds out and pay taxes or there might be a chance to just change the person it was set up to benefit. The grandparents can fund an account for your daughter.
I would check into having daughter added as beneficiary on your parents account set up for you rather than paying taxes.
I would check into having daughter added as beneficiary on your parents account set up for you rather than paying taxes.
Posted on 6/21/17 at 6:54 pm to fatboydave
Seems like they can set up another beneficiary and transfer the excess funds to that account.
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