Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
How 529 Plans Cover Your Childs Apprenticeship Program
In this episode, Lucas and Luna explore how 529 plan funds can be used for registered apprenticeship programs, a lesser-known qualified expense under federal tax rules. They walk through the specific criteria required by the IRS, including the need for the apprenticeship to be registered with the U.S. Department of Labor or a state agency. The conversation highlights real-world examples, such as electrician and plumbing apprenticeships, and explains what costs—tuition, fees, books, tools, and even living expenses—can be paid for with tax-free 529 withdrawals. Lucas breaks down the differences…
The skinny
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