Townsend University: 5th Edition Overfunded 529 Plans

Townsend University recently hosted its 5th Edition webinar, Overfunding a 529 Plan, featuring guest speaker Caleb Griffith, one of our valued advisors. The session focused on an important topic for families saving for education: what to do when a 529 plan balance exceeds future education expenses.

During the webinar, Caleb discussed practical strategies for managing excess 529 funds, including transfer options, potential tax considerations, and flexible ways to continue benefiting from the account. Attendees learned how proactive planning can help maximize education savings while minimizing unnecessary tax consequences.

As education planning continues to evolve, understanding the flexibility and rules surrounding 529 plans can help families make informed financial decisions with confidence. Townsend remains committed to providing guidance and educational resources to help clients navigate every stage of the planning process.