Overfunded 529 Plan Options
Jill on Money with Jill Schlesinger
Audacy
4.6 • 1.9K Ratings
🗓️ 20 September 2023
⏱️ 16 minutes
🧾️ Download transcript
Summary
With money leftover in a 529 plan for our child, is there any way we can access the money for our own retirement?
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Transcript
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| 0:49.0 | Welcome to the Jill on Money Show. It's Wednesday, September 20th, and we are here trying to help |
| 0:54.8 | you make better financial decisions. Also, just a little heads up, the Federal Reserve is meeting |
| 1:01.7 | today. They will conclude the meeting at 2 p.m. Eastern time. I expect, and I've written so much |
| 1:08.3 | stuff ahead of time, so I really hope this plans out. I expect that the Fed will not do anything. |
| 1:14.3 | I know that you're freaked out about gas prices being higher again. It stinks, but I think the |
| 1:19.8 | Fed's going to look past that. I think they're going to basically say, we need to see how more data |
| 1:25.2 | come in. We want to make sure that the economy is absorbing this 22 year high in interest rates. |
| 1:32.3 | Why do anything right now anyway? So much is in flux. A lot of the internals of the inflation |
| 1:40.7 | report really did look a lot better than expected, so I know the energy part stinks, but everything |
| 1:48.0 | else seems to be moving in the right direction. So that's what we have today. Okay, we love to hear |
| 1:55.9 | from you. If you would like to join us on the air, all you need to do is go to JillOnMoney.com, |
| 2:02.0 | click the contact us button, complete the form. If you want to come on the air, you check the box. |
| 2:06.8 | If you don't want to come on the air, that's okay, because sometimes we do emails, and emails are |
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