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College and University Discussion
Reply to "Overfunded 529? What to do with the money? "
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[quote=Anonymous]1) pay for grad school 2) convert to Roth for each kid 3) switch to another beneficiary (niece, nephew, etc) 4) hang onto it and let it grow tax-free to be reassigned to grandkids eventually 5) cash it out, pay the taxes & penalty, and buy yourself something pretty.[/quote]
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