There aren't any tax implications for changing the investments inside of a 529...at least not if you are making qualified educational withdrawals (as there are no tax implications periods at that point), and the only implications if you are making non-qualified withdrawals will be related to investment gains and the amount of tax/penalty that you would be subject to.
Changing your child's 529 to 100% short term securities at this point sounds reasonable, but what it was invested in before now doesn't sound unreasonable either. We will likely switch to a similar short term security type investment in our kids' 529s around when they are in middle school.
Changing your child's 529 to 100% short term securities at this point sounds reasonable, but what it was invested in before now doesn't sound unreasonable either. We will likely switch to a similar short term security type investment in our kids' 529s around when they are in middle school.
Statistics: Posted by cmr79 — Sun Sep 29, 2024 9:29 pm