Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
How 529 Plans Cover Your Childs Trade School Tools and Equipment
Episode 131 of The College Savings Podcast: Lucas and Luna tackle a less-discussed but critical use of 529 plans: paying for trade school tools, equipment, and required supplies. With skilled trades on the rise and apprenticeships booming, many families overlook that 529 funds can cover everything from welding helmets and electrical tool kits to plumbing textbooks and safety gear. Lucas breaks down the IRS rules — the equipment must be required for enrollment or attendance, not just recommended — and explains how qualified expenses differ at a trade school versus a four-year college. Luna…
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