Good morning, can you close out a 529 account to use the monies to payoff debt? What are the penalties? Or, can those monies be transfered into a 401k or any other retirement fund without a penalty? Thank you in advance for the assistance.
Hello @num1gatorfan, excellent questions you have for us today. I was able to locate your profile and will engage the appropriate area. Once reviewed they will contact you :) We do appreciate your patience in advance. -Emily