Tag Archive: 529 plans

The rules for withdrawing from a 529 college saving plan

Written by August 1, 2017

After years of putting money in your 529 college savings plan, you’re ready to start taking withdrawals to pay tuition bills. Do you know the rules for keeping the withdrawals tax-free? Here’s an overview of three types of 529 plan distributions. Qualified withdrawals – These are generally for tuition, fees, books supplies and equipment. These are generally tax free but...