Hal_Al
Level 15

Education

For future planning, if you still have uncashed savings bonds:  Cash the bonds and roll the money over, within 60 days, to your QTP.   Then remove the money to pay for college.  That way, room ans board are qualified expenses for tax breaks  (Savings bonds cannot be used to pay room and board, but QTP money can be).

 

Reference: https://www.fastweb.com/financial-aid/articles/how-do-i-roll-over-us-savings-bonds-into-a-529-colleg...