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529 Withdrawal for Private Kindergarten Tuition

My son currently attends a private school that teaches pre-K through kindergarten students.  Obviously, I am not able to use 529 funds for his pre-K years, but am I permitted to place money into a 529 plan and then withdraw it for his Kindergarten tuition?  If so, is there a minimum amount of time that the money needs to be in the 529 account before it can be withdrawn?

 

I live in Pennsylvania and would like to take advantage of the state tax deduction associated with 529 contributions.

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1 Best answer

Accepted Solutions
Hal_Al
Level 15

529 Withdrawal for Private Kindergarten Tuition

Q.  Am I permitted to place money into a 529 plan and then withdraw it for his Kindergarten tuition? 

A. Yes.

 

Q. Is there a minimum amount of time that the money needs to be in the 529 account before it can be withdrawn?

A. No

 

Q. Can I  take advantage of the  Pennsylvania state tax deduction for 529 contributions under this scenario. 

A. Yes

 

 

View solution in original post

2 Replies

529 Withdrawal for Private Kindergarten Tuition

Champ @Hal_Al can most likely handle this.

Hal_Al
Level 15

529 Withdrawal for Private Kindergarten Tuition

Q.  Am I permitted to place money into a 529 plan and then withdraw it for his Kindergarten tuition? 

A. Yes.

 

Q. Is there a minimum amount of time that the money needs to be in the 529 account before it can be withdrawn?

A. No

 

Q. Can I  take advantage of the  Pennsylvania state tax deduction for 529 contributions under this scenario. 

A. Yes

 

 

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