ESA Money and No College For Kid?

Angela wants to know what she can do with her daughter’s ESA if her daughter decided not to go to college.

QUESTION: Angela wants to know what she can do with her daughter’s ESA if her daughter decided not to go to college.

ANSWER: Your daughter has until age 30 to use the money in her ESA.  If she does not go to college, the money can be transferred to a sibling for the purposes of education.  Just remember that it is your money saved in the child’s name and you control it.