Using a 529 Plan to Pay for Private School
by Eileen Ambrose, Senior Editor, Kiplinger's Personal Finance
Aug 02, 2018
2 minutes
A. Yes, The new federal tax law allows families to withdraw up to $10,000 a year from a beneficiary's 529 account to pay tuition for kindergarten through 12th grade without federal taxes or penalties.
Even so, you shouldn't rush into this decision without checking with your state's plan--or a tax professional. Laws in many states have yet to catch
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