Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
How 529 Plans Fund Summer Enrichment
Most families treat a five twenty nine plan as a rigid vault for tuition, but recent rule changes and creative budgeting allow these accounts to cover a surprising range of summer enrichment activities. Lucas and Luna explore how you can legally use five twenty nine funds for STEM camps, language immersion, and test prep without triggering tax penalties. They break down the specific eligibility criteria, compare the opportunity cost against standard savings accounts, and offer a concrete framework for parents who want to invest in their child’s summer experience rather than just their…
The skinny
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