529 Plans for Your Childs Wilderness Therapy Program

The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs · Jul 3, 2026 · 7m · transcript

Lucas and Luna explore how 529 plans can cover the cost of wilderness therapy programs for struggling teens. They walk through the specific IRS criteria that allow these programs to qualify as a medical expense, including the requirement for a licensed healthcare provider's diagnosis and the need for the program to treat a diagnosed condition. Lucas breaks down the key numbers: eligible expenses like tuition, therapy sessions, and room and board, as well as what doesn't count, such as recreational activities not tied to treatment. Luna shares a real example of a family who used…