The good news is spreading after the passage of the Tax Cuts and Jobs Act!
Don’t miss this story that just ran over at CNBC:
A 529 college savings plan is tax-free savings for students, but it’s also a beneficial and fast-growing gift for parents, grandparents, friends or other family.
Parents now have a new tool in the arsenal for tackling the cost of a private K-12 education: Their 529 college savings plans.
The Tax Cuts and Jobs Act makes these accounts – in which families can save free of taxes and can tap them for educational expenses – available for private school and not just college costs.
Further, over 30 states offer a tax deduction for households that contribute to a 529 plan…
Click here to read the full story via CNBC and find out how the expansion of 529 plans can help defray the costs of K-12 private school!