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How do I withdraw money?

You can make withdrawals of at least $5 to a linked bank account from your account. Transfers usually take between 2–7 days to complete. If you have more than one investment, you’ll get to decide which investment to withdraw from.

You can also make direct payments online to an eligible educational institution to pay a bill or tuition by going to the "Transfers" tab and choosing "Withdrawal", or by using the Withdrawal form and mailing it to the address on the form.

The money should be used for qualified expenses.*

* Earnings on non-qualified withdrawals are subject to federal income tax and may be subject to a 10% federal penalty tax, as well as any applicable state and local income taxes. The availability of tax or other benefits may be contingent on meeting other requirements.