K-12 Tuition - Tuition at a public or private K-12 school is a qualified expense on the federal level up to $10,000 per year, but it may not be eligible in your state. Click on your state on our ...

Eligible expenses include tuition, books, fees, and supplies such as laptops, but room and board, insurance premiums, and healthcare are not eligible.

The “big, beautiful bill” aims to expand qualified expenses for 529 plans to include SAT fees, trade school tuition and vocational certificates.

A qualified expense is anything that can be paid for by the plan that allows you to use the plan’s funds tax-free. Until recently, 529s were used primarily for higher education.

Understanding the differences in eligible expenses between HRAs, QSEHRAs, and ICHRAs can help businesses determine which type of plan best fits their needs. Here's how the plans differ and what ...

Anyone with a qualified high-deductible health insurance plan can contribute – and deduct – the following amounts in 2021: $3,600 for self-only coverage or $7,200 for family coverage.

HSA withdrawal rules. You can receive tax-free HSA distributions to pay for qualified medical expenses, as defined by the IRS. “It is always important to double-check that the expense is ...

Understanding the differences in eligible expenses between HRAs, QSEHRAs, and ICHRAs can help businesses determine which type of plan best fits their needs. Here’s how the plans differ and what ...