Qualified Expenses For A 529 Plan. A 529 plan only covers expenses that are related to education (see below for using a 529 plan for elementary education). However, there are rules.

You can use the money from a 529 plan to pay for eligible education expenses, but not all costs are eligible. Read more to find out what you can use your 529 plan funds to pay for.

A 529 plan could cover expenses associated with apprenticeships, technical school, student loans, and even K-12 education. 5 Non-College Qualified Expenses For 529 Plans ...

The purpose of a 529 plan is straightforward at first glance: to provide families with a tax-advantaged account for future education expenses. But not all education costs are eligible. How Can I ...

While technically you can tap your 529 plan for whatever amount you want, only withdrawals made for 'qualified education expenses' will avoid taxes. These expenses include costs such as "tuition, fees ...

Dear Liz: We are tapping our child’s 529 college savings plan for the first time and are confused on what qualifies as a “qualified higher education expense.” Obviously tuition counts, but ...

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

A 529 savings plan can be used to pay for your child's education, but it can also be used to fund their retirement.

A 529 plan "is a tax-advantaged college savings account that can be used to pay for a beneficiary’s qualified education expenses, such as tuition or textbooks," said Nerdwallet. Subscribe to The ...

Eligible expenses have gradually expanded to include technology, K–12 tuition, ... The evolution of 529 plans reflects a broader reimagining of how we approach education, ...

But you’ll face income tax and a 10% withdrawal penalty on the earnings portion if you use a 529 on a non-qualified expense. Non-qualified expenses include college application and testing fees ...