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Reply to "Can you have an "unknown" 529?"
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[quote=Anonymous]My mother opened accounts for my kids and we never got formal notification or statements. She used their SSNs. One DC is drawing from that account now and the money goes direct to the college and DC gets the 1099Q or whatever it is for the withdrawal. Obviously in this instance we were aware of it, but not sure we could have gotten access to it separately. DC was the beneficiary but not the account owner?[/quote]
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