GOP tax bill lets wealthy families use college savings plans to pay tuition at private and religious grade schools
Tax overhaul includes key change for Utah’s 529 plans, allowing what were longterm savings accounts for college to be used for up to $10,000 in yearly K-12 tuition payments.
(Francisco Kjolseth | Tribune file photo) Students from Waterford School in Sandy participate in a 10-minute mindfulness program by meditating and focusing on present moment awareness in December, 2015. Patrons of private schools such as Waterford and likely to benefit for provisions in the new Republican tax plan targeting state-sponsored 529 education savings plans.