<p>“You should be fine moving it now since a rollover from a custodial UGMA to a custodial 529 is not a taxable event, all that should matter is where the assets are the day you fill out the FAFSA…” - dukedad</p>
<p>Does anyone know if this statement is correct? For instance, if I were to move UTMA funds to custodial 529 in early January and then fill out FAFSA is that acceptable for fall 2012 college entry?</p>