Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
How 529 Plans Cover Trade School and Apprenticeship Costs
Episode 35 of The College Savings Podcast with Fexingo dives into an often-overlooked use of 529 plans: funding trade school, apprenticeship programs, and vocational certifications. Lucas and Luna explore the IRS rules that make these expenses qualified, walk through a concrete example of a welding apprenticeship costing $8,200 per year, and compare the flexibility of 529 funds against other education savings vehicles. They also discuss how recent SECURE Act 2.0 changes expanded the definition of qualified apprenticeships, including the $1,000 annual credit for employers. This episode also…
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