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Money and Finances
Reply to "3 savings accounts for DC, why would GP want to open another one?"
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[quote=Anonymous][quote=Anonymous]In whose name would the money be? My parents and I have different accounts for my child - mine isn't a 529 - and in the event that my son doesn't go to college/gets a scholarship, etc, I want my money to remain mine. I'm not sure whose SSN is on my parents 529, but I'm pretty sure it isn't mine. Even though they want your child to have an easier time going through schools doesn't mean you should control any of their money. [/quote] Exactly! It's their contribution -- let them handle however they want.[/quote]
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