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[quote=Anonymous]OP, I am in this boat too due to superfunding my kids' accounts in the early 2010s. Read the rules about what else besides tuition you can spend this on (i.e. computers, books, meal plans, room and board or off-campus housing) and take advantage of all of those. If either kid goes to grad school then you're probably going to use it all, but if neither does then you'll have extra to either covert to an IRA (max $35k per beneficiary), cash out (with the 10% penalty) or create grandkid funds. If you don't end up having grandkids, it's still fine because you can transfer to a niece/nephew or else cash out later.[/quote]
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