Account Information Update Automatic Contributions Change Form 2025

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If the beneficiary has undergone a name change, the account owner should provide the 529 plan with a copy of the court order changing the beneficiarys name. Alternately, the 529 plan account owner can use the beneficiary change form to change the beneficiarys name.
There are no tax consequences if you change the designated beneficiary to another member of the family.
Form 1099-Q comes from the administrator or bank that manages your 529 plan or Coverdell ESA. If you set up the account and make contributions to it, then you are the owner and are the recipient of the 1099-Q.
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