Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
How 529 Plans Fund Vocational Training
Most parents assume 529 plans are strictly for four-year universities, but the tax code has quietly expanded to include vocational and technical schools. In this episode, Lucas and Luna explore how families can use 529 funds for certified apprenticeships, trade certifications, and workforce development programs. We break down the specific eligibility rules for eligible education institutions, the $10,000 lifetime limit for student loan repayment associated with these non-traditional paths, and why this shift matters as skilled labor shortages drive up wages in sectors like healthcare and…
The skinny
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