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Maryland State Wire

Monday, November 25, 2024

MARYLAND 529: 10 Things You Can Buy With 529 Savings Plan Distributions

Tax

Maryland 529 issued the following announcement on June 21.

10 Things You Can Buy With 529 Savings Plan Distributions

Parents can pay for educational expenses with their college savings plans, but not all expenses are covered.

1. Expenses that 529s will cover

2.College tuition and fees

3. Vocational and trade school tuition and fees

4. Elementary and secondary school tuition

5. Off campus-housing

6. Books and supplies

7. Computers

8. Computer software

9. Internet service

10. Special needs equipment and other expenses

Original source can be found here.

Source: Maryland 529

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