A frat brother of mine from UGA said to put it in a money market account. 529 plans are for school only..... potentially loose $$, money market we just had auto withdrawals and grandparents also contributed. I have 2 at private universities and so far we just transfer the $ to checking and pay...
3rd the Dave Ramsey method of financial peace...... I’ll change your life!! I have several finance degrees and was skeptical...... but my wife & I did it 10 years ago and never looked back!
PB we did it years ago and have been living debt free since age 42-43..... which now at 52 allows to me to pay my kids private university tuition and be ready to retire soon..... we are not as strict with the program as we once were...... good luck