Finding Out the Limitations On The 529 College Plans
If you are thinking about starting up some 529 college plans, it's a good idea to know what kind of limitations there are on your plan. Trying to figure out if these limitations are going to effect you is easy after you know all the limitations. Of course, these places are not going to come right out and tell you all of your limitations. That is why you have to ask the right questions to get it out of them. Ask things like, what your investment options are, what happens if you switch beneficiaries, or transfer the ownership of the account to another person. There are some places that will let you to do these things, and some places that will not. It's good to know what you can and can not do ahead of time.