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Becoming Me
Becoming Me • 2 years ago

Not All Expenses Covered by 529 Plans--Great explanation on what you can consider as expenses!!

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Avoid These 529 Withdrawal Traps ~ from #3:Taking the money in the wrong year ~ You can ensure proper matching by requesting that the distribution from the 529 plan be sent directly to the school bursar. [The withdrawals you take from your 529 account must match up with the payment of qualifying expenses in the same tax year. If you withdraw the 529 money in December for a tuition bill that isn't paid until January, you risk not having enough QHEE during the year of withdrawal.]

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If it's time for you to pick a major, check out this infographic all about different majors. Thoughts?