For K-12 Savers

Education savings from kindergarten to college, and beyond

529 accounts can be used for up to $10,000 per year in K–12 tuition, and for withdrawals made after July 4, 2025, other eligible expenses like curriculum, books, online courses, tutoring, testing fees, dual enrollment and educational therapies.

Top reasons to save for private K-12 tuition with Invest529

Tax advantages

Earnings on your accounts grow free from federal tax when used for K-12 expenses. Some states may offer a deduction from individual state income taxes (Virginia, for example, offers up to a $4,000 deduction per account).

Dedicated K-12 accounts

Invest529 offers the option to open separate accounts and select different investments to help you plan effectively for both K-12 and higher education expenses, maximize your savings for both short-term and long-term goals.

Flexible and continued use

If funds aren't used for K-12 expenses, they can remain in the Invest529 account for future education expenses, including higher education and beyond.

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My son struggled at his middle school. If it wasn't for his Invest529 account, I wouldn't be able to afford the tuition at a private school. Investing in his high school years was unexpected, but it is setting him up for the right career path much sooner.

- Tia B.

K-12 savers FAQs

: Most public, private or religious schools are eligible, however, not all states allow 529 accounts to be used to cover K-12 tuition. It’s important to check with your state’s Department of Education to check the eligibility of the school before making a withdrawal.
: No. Invest529 accounts can only be used for tuition at elementary or secondary public, private or religious school as determined under applicable state law.
: While you can’t open an account for an unborn child, you can open an account for yourself. Once the child is born, you can transfer the account to the child.
: It is not required to open separate accounts to use for both K-12 and college purposes, but some savers may consider doing so based on their specific needs. For example, target enrollment portfolio options are designed to coincide with higher education savings timelines and may not be appropriate for K–12 time horizons.
: Yes. But it’s important to note that the $10,000 limit is per calendar year across all Invest529 accounts for that student.