Can I open more than one account?
Absolutely! You may decide to open separate accounts for different beneficiaries, for example, one for each child or grandchild. Note, you can only have one account per beneficiary. You, personally, cannot have two accounts for the same person. That said, an individual may be the beneficiary on multiple accounts, for example, a parent may set up an account for their daughter, and an aunt may set up a separate account for that same child.