529 distribution after the fact

Financial Planning - Financial planning in general. (Moderated) 

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Subject Author Date 529 distribution after the fact TR 03-03-2008
Posted by TR on March 3, 2008, 5:15 am Well, I don't really want to go into how this happened (because it would expose my incompetence), but here's the situation. I paid qualified educational expenses for one of my sons for the last four years, but did not make withdrawals from his 529 plan. Thus, there's a bunch of money in the plan. I can manage some of it by moving it into his brothers' accounts, but that won't take care of all of it. Can I still withdraw an amount up to the amount on his 1098-T forms for past years? Thanks. -------------------------------------- Misc.invest.financial-plan is a moderated newsgroup where Moderators strive to keep the conversations on-topic for financial planning. Other posting guidelines include a request for brevity and another for trimming posts to which we respond. For all of the other tips and suggestions, see "FROM THE MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the Newsgroup. Similar Threads Posted Inherited IRA distribution help. December 5, 2006, 12:17 pm Best options for a in service distribution? July 4, 2007, 7:09 pm Hypothetical estate distribution July 9, 2007, 10:39 am iShares distribution estimates? October 26, 2007, 9:31 pm I'm going to get a in-service distribution next April what now? November 25, 2007, 2:01 pm 401k Plan Distribution Rights? April 21, 2008, 5:24 pm Return of a portion of the 401k corrective distribution November 20, 2007, 7:27 pm Re: Making sense of paying of CC debt with a 401k (like) distribution February 29, 2008, 12:34 pm Re: Making sense of paying of CC debt with a 401k (like) distribution February 29, 2008, 4:07 pm Re: Making sense of paying of CC debt with a 401k (like) distribution March 1, 2008, 1:01 pm