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Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs

How 529 Plans Fund Your Childs Trade School Apprenticeship

Episode 103 of The College Savings Podcast breaks down a lesser-known use of 529 plans: funding registered apprenticeships and trade school programs that combine classroom instruction with on-the-job training. Lucas and Luna walk through the specific IRS rules that allow 529 funds to cover tuition, fees, materials, and even tools for apprenticeships in fields like electrical, plumbing, HVAC, and carpentry. They focus on the National Apprenticeship Act and how recent updates have expanded qualified expenses to include equipment like toolkits and safety gear. The hosts also compare the cost of…

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