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138-Masterclass on 529 Plans a.k.a. Qualified Tuition Programs - Part 1

Radical Personal Finance

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Saving Money on a Five Two Nine Account

To pay for room and board expenses out of this account, you need to be enrolled at least half time. The amount that the student is paying if they're living in housing which is owned or operated by the college or university,. So there's no cap there. If their expenses are 12 thousand dollars, they can pay for up to ten thousand dollars as a qualified educational expenseout of the five two nine plan.

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