Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
How 529 Plans Cover Your Childs Off-Campus Parking and Transportation
In this episode of The College Savings Podcast, Lucas and Luna explore a commonly overlooked 529-qualified expense: off-campus parking permits, public transit passes, and even gas money for commuting students. They break down the IRS rules around room and board cost allowances, using the actual example of a University of Michigan student saving $1,200 per semester on a commuter parking pass and bus pass. Plus, a listener-funded moment on how Fexingo keeps the show ad-free.
#529Plans #EducationSavings #CollegeCosts #OffCampusParking #CommuterStudent #RoomAndBoard #IRS #QualifiedExpenses…
The skinny
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