Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
How 529 Plans Can Cover Your Childs Medical School Costs
In this episode, Lucas and Luna explore a lesser-known use of 529 plans: funding medical school. They discuss how the rising cost of medical education—often exceeding $250,000 for tuition alone—can be offset with tax-advantaged savings. Lucas breaks down the key rule: 529 funds can cover qualified medical school expenses like tuition, fees, books, and even room and board, as long as the student is enrolled at least half-time. They also touch on the impact of the SECURE Act's expansion of 529 benefits to include apprenticeship programs and student loan repayments, and how that applies to…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.