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90 Seconds with MEFA: What to Do with COVID-19 Room and Board Refunds

If you used funds from a 529 account to pay for room and board expenses, the deadline to deposit these funds back into a 529 account without paying income taxes on the funds has been extended. MEFA's Associate Director of College Planning Jonathan Hughes explains when the deadline has been extended to and how to initiate the process of returning funds.

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