Can You Use 529 for Travel Expenses? Understanding Qualified Education Costs and Withdrawals
You cannot use a 529 plan for travel expenses. This includes costs for renting a car, vehicle maintenance, and other related fees. These distributions are non-qualified. Qualified expenses mostly cover tuition, fees, and specific educational expenses only. Parents and students can withdraw funds from a 529 plan tax-free only when used for eligible education-related expenses. … Read more