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Reply to "Can I open a 529 account for myself?"
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[quote=Anonymous]I am going to professional school this fall. Is it a good idea to open a 529 account now and use the money for tuition? I saved a good amount of money (+$100k) for emergency fund and will use the money for tuition. Not eligible for any kind of tax break, it occurred to me that I can at least get some state tax break and tax free for gain though the gain will be very small considering that the school starts this fall. Does this make sense? or not really a good idea for any reason? I can always transfer the money to my kids in case I don't use it after all.[/quote]
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