How 529 Plans Can Cover Your Child's K-12 Tuition

In this episode of The College Savings Podcast, Lucas and Luna dive into the often-overlooked flexibility of 529 plans: paying for K-12 private school tuition. They explain the $10,000 annual limit per beneficiary, how the Tax Cuts and Jobs Act of 2017 made this possible, and the strategic considerations for parents. Using a real-world example, they show how a family in Ohio could save on state income taxes while funding private elementary school. They also discuss the trade-offs between using 529 funds for K-12 versus saving for college, and the impact on financial aid. No clickbait, no fluff—just a clear breakdown of a powerful but underused 529 feature. Perfect for parents weighing private school options or looking to maximize education savings. #529Plan #K12Tuition #EducationSavings #PrivateSchool #TaxCutsAndJobsAct #CollegeSavingsPodcast #Fexingo #Finance #PersonalFinance #LucasAndLuna #Ohio #StateTaxDeduction #FinancialAid #ESAA #Coverdell #QualifiedExpenses #FexingoBusiness #BusinessPodcast Keep every episode free: buymeacoffee.com/fexingo