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Ok the first two are a bit morbid but I can not seem to find info on them anywhere else.

1. What happens to the accumulated funds should the beneficiary die?

2. Only one "manger" can be elected for each account. What happens if that "manager" dies? I can always give the access codes etc. to my wife. But wouldn't she be technically breaking a law if she were to log on after my death to make changes to the account?

3. What happens to the excess if we have oversaved?

4. If child lives at home and pays rent during college is the rent considered room and board?

5. Can we switch beneficiaries to an elderly person that wants to go back to school and would that person need to be related to us?
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