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Using 529 Plan Funds to Invest in a Syndication????
Hey all, I heard on a podcast awhile ago that it was possible, I think through a SD IRA, to use 529 college plan funds to invest in a real estate syndication. I haven't been able to find anything else on this topic though. Anyone know if this is possible?
I have two 529 plans for my daughters which I'm looking to divest from the stock market. 8 years before needed, so just wondering if there is a way to not get penalized for using those funds to invest in a syndication.
thanks