So I don't have any kids and unless I adopt one soon it isn't in the cards for me.
I just found out my sister and brother in law haven't saved anything for my 9 year old nephew's college. Now my grandmother has a 529 in his name but I don't think there is much in the account, going to talk to her about it in the next few weeks.
I would like to save and contribute to his college. Is the best way a 529 or another type of account? My only fear is I don't have any other kids to transfer the 529 to if he doesn't use it for some reason.
Oh wise B&I board please help.
I just found out my sister and brother in law haven't saved anything for my 9 year old nephew's college. Now my grandmother has a 529 in his name but I don't think there is much in the account, going to talk to her about it in the next few weeks.
I would like to save and contribute to his college. Is the best way a 529 or another type of account? My only fear is I don't have any other kids to transfer the 529 to if he doesn't use it for some reason.
Oh wise B&I board please help.