What to Know About the 529 Grandparent Loophole
What to Know About the 529 Grandparent Loophole Jess Ullrich Wed, October 5, 2022 at 9:00 AM How the 529 Grandparent Loophole Works A 529 plan can be a powerful way to save for college, offering tax-free growth and other tax benefits. These accounts are so powerful, in fact, that many grandparents choose to open them for their grandchildren. In the past, there was a downside to a grandparent 529, though. Distributions from these accounts were included on the Free [...]