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College and University Discussion
Reply to "Processing time for 529"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I scheduled a transfer from MD529 to our checking on a Friday morning and had the funds on Monday (they said it would be Tuesday). I prefer this to having them mail a check, which we’ve never done. We always have the paperwork from the school confirming our out of pocket expense. We can initiate the transfer online. I’ll do this at least a week prior to the due date all the same.[/quote] This is what we do. Much easier.[/quote] Same with me. I had an issue at one point with the check either not being mailed, being lost, something or other (American Funds). So now I pay myself first and then do an electronic transfer from my checking account to the school.[/quote]
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