Home / Saving for college / Questions
What happens to a 529 if my child doesn’t go to college?
Short answer
You can change the beneficiary, use it for other qualified education, or withdraw it with taxes and a penalty on earnings. Limited rollover options also exist.
See every step in 1 minuteStarting to save for your child’s education
People also ask
Official sources
- SEC Investor.gov: 529 plansinvestor.gov
- IRS: 529 plans questions and answersirs.gov
- StudentAid.gov: financial aid basicsstudentaid.gov