I have 3 kids a senior a junior and one in middle school. each have nominal amounts in a 529.I have alot in my 401k but don't want to touch that and I have my home almost paid off. I want to refinance and take $70K out for each of them before the rates go up which i think they will by next year.Should i put this money in a short term investment account or park it in a 529 for each of them locking in current tuition?Will having liquid cash affect financial aid?Is it better for them money to be in my name or theirs?Thanks!
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