Hello,
My wife and I currently have an almost-two year old with another on the way. While we're putting our own financial future first, we've talked about opening a 529 plan for our first born daughter, and then at some point one for our second child.
My father recently showed interest in opening a 529 for my first-born, and I'm trying to research the Pros and Cons someone else opening a plan for my children.
One con that I seem to have seen is that the grandparent would own that account, and any decisions regarding that account (investments, etc...)
Does anyone have any experience with this that can maybe shed some light on my curiosity?
Thanks in advance!
-mattyizzo
Submitted April 04, 2017 at 09:56AM by mattyizzo http://ift.tt/2oy3hes