Paying through 529 plan

jingle
Sun, 21 Nov 2010 19:53:39 +0000

I have a Virginia Education Savings Trust 529 plan fund for my S. Last spring, VEST sent me an authorization form to fill out and fax back to them, which permits them to send the tuition/room/board payments directly to UVA. I like this idea because it minimizes my need for record-keeping. For textbooks, I had the VEST fund send me reimbursement.

I also have a 529 with Fidelity, and have not inquired how to access the money–will cross that bridge when I come to it!