That fine should directly be paid out to the kids in the form of a 529A college fund, or something similar.<p>EDIT ;<p>NEVER invest in a 529 college plan. They are money grabbing frauds.<p>I put $40,000 into a 529a plan in 2004.<p>In 2022 it was worth $89,000<p>--<p>They couldnt even provide a good return over 20 years.<p>They then berated me for complaining that they "only" doubled my money in !20 years.<p>The problem is that the banks that this was desposited in ~2004 -- they failed and were sold several times in the 2008-2012 banking grifting.<p>And they couldnt give me ANY data on the tranfer of accounts or companies when they befuddled the accounts together. They literally treated me as if I was berating THEM.<p>HN was a laughter of shitty advice.<p>So take mine with a ton of salt, because thats what you shall be tasting, marinated in rage, when you discover you invested in an institution that literally steals your money and marks it.