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The Short Answer

When It Comes to 529 Plans, No Need to Share

Having multiple children entering college at the same time doesn't mean each shouldn't have his or her own 529 account.

Note: This article is part of Morningstar's October 2013 College-Savings Boot Camp special report. An earlier version of this article appeared March 12.

Question: I have triplets who one day will be entering college at the same time. Can they all share a 529 account?