Can my sister open a 529 for our niece?
My niece is 12 this year. We’d like to start saving for her college tuition, as her mother is not in a position to do so herself. (And her father is not in the picture.)
My sister is thinking about opening a 529 (in California) for her. Can you open one for a family member, but who’s not a legal beneficiary?
This question is in the General Section. Responses must be helpful and on-topic.