E191 - Ask Ryan and Hannah: What to Do with a 529 Plan If College Isn’t the Plan (DF#189)

Join us as we dive into the topic of managing funds in a 529 plan. 

We address a question from a parent who is uncertain about how to handle the money in their child's savings plan if college is not pursued.

What You’ll Learn:

- Exploring the tax advantages and qualified expenses associated with 529 plans
- Discussing options such as changing beneficiaries, rolling over funds to a Roth IRA, or using the funds for education paths like trade schools or apprenticeships
- Highlighting the implications of withdrawing funds from a 529 plan, inc...