Unused 529 Plan - What to do with it?

12/08/2025 10 min Temporada 6 Episodio 20
Unused 529 Plan - What to do with it?

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Episode Synopsis

In this episode, Ara Oghoorian, CFP® explains what to do when you have leftover money sitting in a 529 college savings plan and how to actually use it wisely.College is expensive, and 529 plans are a great way to save while getting some tax advantages. But what if your kid got a scholarship, stayed local, or didn't use the money at all? Now you have extra funds in the account - what can you do with that money?We cover everything from changing the beneficiary to rolling the money into a Roth IRA, plus a few other things most people don’t even know they can do with unused 529 funds.✅ Subscribe to our YouTube channel for more financial news and tips: @ACapReCap📍Schedule a Free Consultation:https://www.acapam.com/contact/Financial Advisor in Los Angeles, CACPA in Los Angeles, CAConnect with ACap on social media:X: https://www.x.com/acapam/Instagram: https://www.instagram.com/acapadvisorsaccountants/Facebook: https://www.facebook.com/ACapAdvisorsAccountants/LinkedIn: https://www.linkedin.com/company/acapadvisorsaccountants/www.acapam.com ACap's Financial Quick Tips

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