Quote:
Originally Posted by MonkeyMama
I don't think that scenario would fit in the rules. Quite simply, the money would never go to college expenses then.
BUT, definitely seems like a bit of a grey area, and one I don't see much guidance on.
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What I was wondering is how do they (whoever "they" is) track what you do with the money that you withdraw from the 529. What documentation do you have to provide, if any? How do you have to document that the amount you take out matches the expenses incurred?
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Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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