Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
How 529 Plans Cover Education Consulting Fees
In this episode of The College Savings Podcast, Lucas and Luna dive into a rarely discussed but increasingly relevant 529 plan expense: education consulting and college admission counseling fees. With the college admissions process becoming more competitive and complex, many families are turning to independent consultants for guidance on school selection, application strategy, and financial aid. But can you use 529 funds to pay for these services? The answer is yes, under certain conditions. Lucas breaks down the IRS rules that allow 529 withdrawals for 'expenses for fees, books…
The skinny
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