529 Plans for Tuition

Part of the new tax bill that was passed before Christmas was a change to 529 savings accounts. Previously, parents could open 529 savings accounts only for college tuition. Now parents are allowed to use the savings accounts for private K-12 education as well. 

It might be to your advantage to look into this. You can speak to your bank, accountant, or financial advisor to determine if this program would be beneficial for you.

One of our parents found this link to be of use, https://www.nextgenforme.com/

Posted by Bangor Christian at 6:00 AM
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