Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
How 529 Plans Cover Your Childs Laptop and Technology Purchases
In this episode of The College Savings Podcast, Lucas and Luna explore a surprisingly common question among parents: can a 529 plan pay for your child's laptop, tablet, or other technology needed for college? The answer is yes, but with important caveats. The hosts break down the IRS rules around 'qualified expenses' and how technology purchases like a $1,200 laptop or a $300 graphing calculator qualify as long as they are required for enrollment or coursework. They also discuss what happens if the technology is purchased before the student is officially enrolled, and offer…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.