Student Empowerment Act

Families could use 529s for K-12

If enacted, you could use 529 plan money for many K-12 costs. Covered costs would include tuition, curriculum, books, and online materials; test fees (AP and college-admission); dual-enrollment fees; and educational therapies from licensed or accredited providers. Tutoring or outside classes would qualify only if the tutor is not related and is a licensed teacher, has taught at an eligible school, or is a subject-matter expert. Homeschool costs would qualify too, whether your state treats homeschool as homeschool or as a private school. Expenses would need to be tied to enrollment or attendance at a public, private, or religious K-12 school. The change would apply to 529 distributions made after enactment, and you would need to have a 529 and incur qualifying expenses.