If you are paying for tuition, you can set it up so the funds transfer directly to the school, eliminating the need for a formal withdrawal. For other educational expenses, three business days may be necessary to withdraw or transfer into your account. After that, you are free to spend the money tax-free on qualified expenses. Simply select “Transfer Funds” from the menu on your college fund details page to transfer funds to your bank account or directly to the school of your choice.
How can we help you?