Taking a distribution from 529 - questions
My husband passed a few years ago and I have had a HELL of a time getting a small 529 at Edward Jones moved over to myself as the owner. My son was always the beneficiary.
Now it only has about $5400 in it. I can log in online and see the money but I cant initiate a withdrawal online. I wanted to take out the costs for his college laptop + iPad for school and I paid his $500 deposit earlier this month. The total for this would be about $2839. I messaged the advisor (who is someone special that takes care of estate accounts) and I received a reply that I need to initiate a withdraw with a verbal consent. OK....
Now since this is such a pain can I just withdraw the entire amount now and use the remaining money (~$2561) to pay his tuition when the bill comes due in August? I hate to have to call these people and do this song and dance again in a couple of months.