Can I set up a 529 plan for myself for grad school?

Question

Are you allowed to contribute to a 529 plan on behalf of yourself? Also, as I'm over 18, am I even eligible to be named a beneficiary of a 529 plan?

Thanks.

Answer 1

Yes, you can set up a 529 plan for yourself.  Unfortunately, if you are 18 and plan to go to grad school in a few years, it won't have time to grow (tax-free) for very long....