Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
Using 529 Plans to Cover Your Child's Wedding
Weddings are expensive, and some families are surprised to learn they can use 529 plan funds to help cover their child's big day. In this episode, Lucas and Luna dig into the tax implications, the rules around gifting, and the trade-offs of spending education savings on a wedding. They break down the numbers with a real example, explain the difference between using 529 funds for a wedding versus other qualified expenses, and discuss how the SECURE Act changed the landscape. If you've ever wondered whether your 529 can double as a wedding fund, or if you're weighing the…
The skinny
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