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30+ 529 Plan Room And Board Living At Home (Pictures 1600x900 Ultra HD). Because of the pandemic, many colleges have changed to a remote curriculum. You don’t have to pay expenses directly from the 529, you can reimburse yourself later from the 529 as long as it’s in the same tax year as the expenses are paid.
My son lived on campus for 2 years and is now living at home. Nov 06, 2018 · criteria for room and board as a qualified distribution. The room and board expenses must be incurred while the student is enrolled at a college or university that is eligible for title iv federal student aid.
What are the 529 plan rules?
Whatever the college posts as the price is the amount you can take out of your 529 for the cost of living (confirm that amount with your financial aid office each year). What you can pay for with a 529 plan? My daughter will be going to college this year.
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