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Can we move the funds from my childs Coverdell education savings account into a 529 plan?

April 26, 2017child Coverdell Education funds Plan savings account

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Can we move the funds from my childs Coverdell education savings account into a 529 plan?

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Yes. A withdrawal from a Coverdell education savings account is tax-free to the extent that contributions are made to a 529 account for the same beneficiary in the same taxable year.