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529 Plans: Big Expansions for K–12 Through Career
Description
Your 529 plan just got a serious upgrade—and if you're a parent, grandparent, homeschooler, or working professional, you'll want to hear this.
Nic and Alex join forces again today to go through some new rules for 529 plans following the passage of the One Big Beautiful Bill. Starting as soon as July 2025, the list of what counts as a "qualified education expense" is expanding dramatically. That means more flexibility and better use of your tax-advantaged dollars!
Highlighted Changes to 529s:
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Expanded coverage for K–12 expenses beyond just tuition
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A new $20,000 annual withdrawal limit starting in 2026
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What this means for homeschoolers, dual enrollment, and standardized testing
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How professionals (yes, even CPAs and realtors) can now use 529 funds for career development
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https://www.therealmoneypros.com
Hosts:
Nic Daniels & Alex Lundgren