Have you heard the news?
Over the last year, changes in the tax law now allow families to use their 529 Plans to pay tuition at independent and parochial schools. This marks a significant change from the previous law, which traditionally allowed 529 Plans to only be used for higher education expenses. Families may now use up to $10,000 per child to cover tuition at private primary and secondary education institutions like Aidan.
For information on how these changes to the tax law may effect your family and to see if you are eligible to take advantage of the new law, talk with your financial advisor or fund provider. You can also read more about the changes here.