Yes. Recent changes have made this much more accessible for families. In July 2025, Congress passed new tax legislation that expanded the use of 529 plans. Parents can now withdraw funds tax-free to cover tutoring, standardized test prep, and even educational therapy for K–12 students.
For many families, this can translate to a 25% or more reduction in the cost of tutoring or test prep, depending on their tax situation. As always, it’s a good idea to confirm details with your financial advisor or 529 plan provider to understand how these changes apply to your specific situation.
