answersLogoWhite

0

Yes, you can start a 529 plan for someone else's child as long as you have their Social Security number and permission from the child's parent or legal guardian.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

How old do you have to be to go to a simple plan concert with someone?

I believe that's your parent/guardian chose not anyone elses.


How may you sponsor a child in the Himilayas?

To sponsor a child in the Himalayas, find a telephone number or a direct line that will connect you with someone who can have a plan ready for you to start helping your child out.


When can a parent start a college savings plan for their child?

There are several options for a parent to start a college savings plan for their child. Many parents do not start thinking about saving for college until their child is in their teens. Financial advisors say that it is best to begin a college savings plan once your child is born. This way parents can ensure that they will be able to save up enough money by the time their child graduates high school.


What if your child is an adult can someone still collect child support?

if you have insurance and they die, like that gerber life plan...but not if theyre over18 if its child support


When and how should I set up my child's college savings account?

You should start saving for you child's college savings account as soon as possible. A really good college savings plan is the 529 plan. With this plan you can set aside money for your child's college education and it will continue to grow tax free.


What is the best pension plan for someone who wants to start saving in their mid-thirties?

It is important to diversify your account. If your employeer offers a pension plan or 401k, start there. Look into IRA's as well.


Where can someone find business plan samples?

If someone were looking to start their own business, one must get funding or a loan. Anyone who will loan a business money wants to see a detailed business plan to see if this is a venture worth investing in. If one wanted to create a business plan, one can get business plan samples at the site, Bplans.


How can I start a 529 plan for someone else?

To start a 529 plan for someone else, you will need to open the account as the account owner and designate the intended beneficiary. You can typically do this online or through a financial advisor. Be prepared to provide personal information for both yourself and the beneficiary, as well as make decisions about investment options and contribution amounts.


What is the website Plan International all about?

The website Plan International is all about charity and trying to end child poverty across the world. One can donate to Plan by sponsoring a child to help lift a child out of poverty.


How can I write a business plan?

To write a good business plan, I would start by contacting someone who already has a business. They should be able to guide you in doing such things like getting a business permit.


What is a business phone line and is it better than a regular phone line in an office?

Rogers has affordable business they have the plan you need to start you business you can call them and they will send someone out to set up a plan for you


What is a good diabetic meal plan for an elementary school aged child?

It is very important for someone, especially a child, to have the proper diet. To hear more about good tips and meal plans, check this out. www.nlm.nih.gov/medlineplus/diabeticdiet.html