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Can a beneficiary have more than one account?

Yes, a beneficiary can be named on multiple accounts. Family and friends can open an account for a beneficiary or contribute to an existing account by making a gift contribution.

Keep in mind that the total contributions to all 529 savings accounts (DreamAhead and GET programs) in Washington State with the same beneficiary can’t go over the maximum contribution limit of $500,000. The balances are aggregated to monitor the maximum contribution limitation.