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Cards & Accounting

Getting a 529easy payment card:
529 plan owners login to their respective 529 plan and fill out a point of sale distribution form. This form gives the owner the power to decide what order and/or percentage of each fund they would like to have sold to purchase qualified education expenses. Owners and/or beneficiaries may each have a 529easy payment card.

The owner will receive a 1099Q annually from the 529 plan. 529easy will supply a read-only bank statement. An e-mail and/or text will go out to the owner and/beneficiary to maintain accountability of purchases. Since the 529easy payment card can only be used at Registered Merchants, the 529easy service center will send out an e-mail to the owner on a periodic basis, with an aggregate receipt of qualified purchases.