Using a 529 Plan for Your Child's Study Abroad Program

In this episode of The College Savings Podcast with Fexingo, Lucas and Luna explore how 529 plans can be used to cover study abroad program costs in 2026. They walk through the specific IRS rules for qualified expenses abroad, including tuition, room and board, airfare, and even health insurance. The hosts highlight the key requirement that the program must be sponsored by an eligible educational institution and that the student must be enrolled at least half-time. They also cover common pitfalls, like using 529 funds for non-qualified travel or personal expenses. Lucas shares a concrete example of a student studying in Barcelona through a U.S. university partnership, showing how a family saved thousands in taxes by using 529 withdrawals. The episode includes a listener question about handling currency exchange and foreign institution eligibility. Tune in for a practical guide to maximizing your 529 for an international education experience. #529Plan #StudyAbroad #CollegeSavings #EducationFunding #InternationalEducation #TaxAdvantaged #QualifiedExpenses #StudentTravel #FexingoBusiness #BusinessPodcast #Finance #PersonalFinance #FinancialPlanning #StudentLoans #EducationCosts #Barcelona #IRS #LucasAndLuna Keep every episode free: buymeacoffee.com/fexingo