Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
529 Plans as a Wedding Gift Strategy for Grandparents
Episode 18 of The College Savings Podcast explores how grandparents can use 529 plans to help fund a wedding without triggering gift tax or financial aid penalties. Lucas breaks down the 529-to-IRA rollover loophole that lets unused wedding savings become retirement funds, and Luna questions whether a 529 plan is really better than a simple UTMA account for this purpose. They walk through a concrete scenario: a couple saving $10,000 per grandchild per year, married over five years, with a 75% chance the wedding fund will be fully used. The episode also covers the recent SECURE 2.0 rule…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.