Grandparents often want to leave a lasting legacy, and helping pay for a grandchild’s education is one of the most meaningful gifts they can give. A 529 plan can provide tax-advantaged growth when the money is used for qualified education expenses. Still, contributing without asking a few key questions can create unexpected complications for both the grandparents and the family. Before writing that first check, it is worth understanding how current rules work and where careful planning can make the biggest difference.
