Series 50: Beneficiaries

Taken from our Series 50 Online Guide

Beneficiaries

Contributors name an initial beneficiary. There is no age limit on the beneficiary, and the contributor does not have to be related to the beneficiary. Contributors can even set up a 529 plan for themselves.

Contributors can name subsequent beneficiaries if the original beneficiary does not need the money or is taken off the plan. In this case, the contributions wi

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