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Last year son lived in a dorm and had a mealplan, so withdrawing from 529 was very simple. This year he is living in a house, and will eat some meals at his fraternity, some meals at the campus dining halls (We'll put money into a declining balance account) and some meals he will prepare himself.
We're trying to figure out how to withdraw $ from 529. Would the easiest solution be to withdraw the same amount he would be spending on a dorm (using the same dorm he lived in his frosh year), and the entire amount of a all-you-can eat on campus dining plan- put the money into a bank account and withdraw as needed for rent and food?
Would that be allowed?
Or does he have to track expenditures (each meal, every grocery store receipt, each rent payment)? That seems ridiculously time consuming and improbable.