Bit of a convoluted situation, sorry for the long message. My mother put aside money for each of my kids in 529 plans. My youngest is 9 years behind my oldest, all plans were started in 1998. So his got to grow for 9 more (mostly good) years than my oldest and also had more years to put money in. He is graduating soon and has a nice amount left, enough for grad school and then some, I believe. My oldest did grad school and accumulated some student loan debt, been out for 5+ years now. He is in favor of using the $10,000 max allowed from this plan to apply to her student loan debt. I wasn't sure the best way to do this. Prior to SECURE Act passage, the original plan was to change owner on the plan from my mom (in her 80s) to my son, so he could manage this for possible grad school. Wondered if I should instead change it to me as owner, then change the beneficiary to my daughter, take the $10,000 to pay on her loan, then change the beneficiary back to my son and finally change the owner to my son. I believe the SECURE act allows the $10,000 loan payoff for beneficiary's siblings as well, so might not need to change the beneficiary to my daughter? Also, could the ownership change be straight from my mom to my son and then he pulls the funds out for his sibling? Not sure how that is reconciled with the 1099-Q and tax return? What pitfalls am I not considering? I would let my mom's tax advisor know about the gift of the remaining balance to me (or my son) for gift tax purposes. I know this is all a great "problem" to have, but I just don't want to screw this up and create unnecessary headaches. Any insights are greatly appreciated.