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Updated over 5 years ago on . Most recent reply presented by

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125
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Todd Willhoite
  • Attorney
  • Claremore, OK
61
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125
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Using 529 plan funds to pay house payments for college student

Todd Willhoite
  • Attorney
  • Claremore, OK
Posted

College student has a 529 plan. The college they are attending estimates room and meals to cost $5,700 a semester. If the college student buys a house to live in while attending college, can they withdraw $5,700 a semester to use to pay on the mortgage payments for the house and be in compliance with Qualified Expenses For A 529 Plan?

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