Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
Using 529 Plans for Your Childs Cooking School Tuition
Episode 71 of The College Savings Podcast explores a lesser-known qualified expense: culinary school tuition. Lucas breaks down how 529 plans can cover programs at institutions like the Culinary Institute of America, as long as the school is eligible for federal student aid. He explains the difference between a degree program and a vocational certificate, and highlights the annual contribution limit of $18,000 for gift tax exclusion. Luna brings up the strategic advantage of front-loading five years of contributions. The episode also touches on how 529 funds can pay for room and board…
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