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In reply to the discussion: SS department wants me take money out of a 529 to send to them to send to my daughter? [View all]pinto
(106,886 posts)7. Suggest you speak with Soc Sec. Simply signing her 529 over to her legally may satisfy the regs.
(Bypassing the fund routing) And yeah, checks will be sent to her directly once she becomes 18. That's the law. At 18 she is legally an adult. Again, encourage you to speak with Soc Sec directly. Including her in the discussion may be useful, as well. Good luck with clarifying the process.
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SS department wants me take money out of a 529 to send to them to send to my daughter? [View all]
liberal_at_heart
Dec 2012
OP
My mother left her abusive rural farm home at 14 during the Depression
Jackpine Radical
Dec 2012
#35
You can remove yourself from the 529, leaving it titled in her name alone
Ruby the Liberal
Dec 2012
#33
Suggest you speak with Soc Sec. Simply signing her 529 over to her legally may satisfy the regs.
pinto
Dec 2012
#7
yes, first thing Monday we will be calling the SS department and our financial advisor
liberal_at_heart
Dec 2012
#19
Kindly consult with an attorney. I am an attorney, but not YOUR attorney, and you
msanthrope
Dec 2012
#18