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New Member
posted Jun 19, 2019 5:41:07 PM

Can funds from a 529 savings plan be used for continuing education requirements to maintain a professional certification?

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1 Replies
Alumni
Jun 19, 2019 7:24:08 PM

Yes, if it meets these criteria: "

Eligible postsecondary school. An eligible postsecondary school is generally any accredited public, nonprofit, or proprietary (privately owned profit-making) college, university, vocational school, or other postsecondary educational institution. Also, the institution must be eligible to participate in a student aid program administered by the U.S. Department of Education. Virtually all accredited postsecondary institutions meet this definition. The educational institution should be able to tell you if it’s an eligible educational institution.

An eligible educational institution also includes certain educational institutions located outside the United States that are eligible to participate in a student aid program administered by the U.S. Department of Education." ref: https://www.irs.gov/publications/p970