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Old 02-07-2015, 04:31 PM
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Transfer from Life Insurance to 529

Is there a way to transfer funds from a life insurance policy which we want to close to a 529 without becoming liable for a distribution for the value of life insurance policy?



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Old 02-08-2015, 06:55 AM
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Quote:
Originally Posted by srjjmart View Post
Is there a way to transfer funds from a life insurance policy which we want to close to a 529 without becoming liable for a distribution for the value of life insurance policy?
you need to talk with your administrator/agent for more accurate info; it is possible to open up a 529 plan with funds from the life ins. Policy.



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