Latest / The College Savings Podcast with Fexingo: 529 Plans, Education Funding, and Student Costs
Using Your 529 Plan for K-12 Private School Tuition
In this episode of The College Savings Podcast, Lucas and Luna explore a lesser-known but powerful use of 529 plans: paying for K-12 private school tuition. They break down the federal rule change that made this possible, the annual contribution limits, and the state-level tax implications. Lucas walks through a concrete example of a family in New York saving $2,500 in state taxes per year by using a 529 for private elementary school. They also compare the strategy to other education savings vehicles like Coverdell ESAs and discuss the risk of overfunding. The hosts address common concerns…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.