Skip to main content
529 Linking and Withdrawing - General
Updated over 2 weeks ago

Why:

  • To withdraw your 529 funds directly into your Backpack account, you need to add Backpack as a bank / financial institution on your 529.

Benefits :

  • This easy setup will enable seamless future tuition payments and allow you to spend your 529 on textbooks, laptops, groceries, and more with just one click.


Adding Banking Information

  1. Log into your 529 account

  2. Head to "Profile" and click "Linked accounts"

  3. Link "Bank account"

  4. Click "I don't see my bank"

  5. Log into your Backpack account

    1. Backpack Account & Routing numbers can be found on the Backpack Dashboard or under Settings.

      1. Bank Name: [Backpack]

      2. Bank Routing Number: [Your Backpack Routing Number]

      3. Bank Account Number: [Your Backpack Account Number]

      4. Bank Account Registration: [Your Name]

      5. Bank Account Type: Select Checking

  6. Under Account Linking, Add your Backpack routing number

    1. Next, Add your Account number and Select Checking Account

Congrats you have successfully linked your account!


Withdrawing to your Backpack Account

It’s tuition time! Let’s withdrawal funds from your 529 into your Backpack account so you can make your tuition payment

  1. Log into your 529 account.

  2. Go to Profile

  3. Select Withdraw

Did this answer your question?