These plans are flexible to allow for changes to the named beneficiary in the event the original beneficiary does not need the funds for college. Montana allows a deduction from income for contributions to any state sponsored 529 plan. Grandparents, this is an opportunity to leave a legacy for your grandchildren. My wife and I are making monthly contributions to plans for our grandchildren (currently 3, we expect (and hope!) for more). No matter when you start your plan or how much you contribute, the available funds will make a difference to your child or grandchild.
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