529 Plan Ownership Rules Explained
529 plans are a great way for parents and grandparents to save for a child’s education, but the ownership rules can be complicated. Here’s how they work.
Sarah Sharkey is a personal finance writer who covers banking, credit, student loans, and insurance for The College Investor. She has written for leading financial outlets including Bankrate, Business Insider, and more, helping readers make confident choices about borrowing, saving, and building wealth.
Sarah holds both a bachelor’s and a master’s degree from the University of Florida, and her background in management and research informs her clear, practical approach to complex financial topics.Â

529 plans are a great way for parents and grandparents to save for a child’s education, but the ownership rules can be complicated. Here’s how they work.

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