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College Saving Plan

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Old Jun 24th 2018 | 1:37 pm
  #16  
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Default Re: College Saving Plan

Originally Posted by moi
You can pass it on to another sibling, a niece/nephew or yourself as far as I know. The worst case scenario you would then pay a 10% federal penalty as far as I know if you cashed it in.
Thanks
 
Old Jun 24th 2018 | 1:46 pm
  #17  
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Default Re: College Saving Plan

Originally Posted by spouse of scouse
Thanks
And if they do decide college and earned scholarships an equal amount can be removed from the account without penalty. Same if the beneficiary dies or is disabled.

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Old Jun 24th 2018 | 1:47 pm
  #18  
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Default Re: College Saving Plan

Originally Posted by tom169
And if they do decide college and earned scholarships an equal amount can be removed from the account without penalty. Same if the beneficiary dies or is disabled.

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Thanks to you too Tom
 

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