How 529 Plans Cover Your Child's Robotics Competition Team

On The College Savings Podcast with Fexingo, Lucas and Luna explore a specific and growing use of 529 plan funds: covering expenses for your child's robotics competition team. They break down the IRS's broad 'educational enrichment' qualification, using the FIRST Robotics Competition as a concrete example. Lucas walks through allowable costs—registration fees, travel to regionals, robot parts, and even team uniforms—and explains how to document withdrawals for audit-proof compliance. Luna asks the practical questions: what about tools and laptops for coding? The episode also touches on the Secure 2.0 rules that took effect in 2024, which expanded 529 definitions. Perfect for STEM-focused parents or anyone wondering if extracurricular gear qualifies. Tune in for a tight, number-driven conversation about turning competition into qualified education savings. #529Plans #Robotics #STEM #EducationSavings #FIRSTRobotics #QualifiedExpenses #CollegeFunding #Secure2.0 #TaxAdvantaged #Extracurricular #RobotParts #TravelExpenses #CodingLaptop #FexingoBusiness #BusinessPodcast #FinancePodcast #Parenting #StudentSuccess Keep every episode free: buymeacoffee.com/fexingo