K-12 529 Savings Accounts and Their Usage in K-12 Private Education
November 3, 2025
Elijah Boyd
Planning for your child’s education can be both exciting and overwhelming, but a 529 savings account offers a strategic way to invest in his or her future. Understanding how a 529 plan works can help you maximize your savings. In this blog, we’ll explore the benefits of a 529 savings account and how your family can use it to support your child’s academic journey.
What is a 529 Savings Account?
A 529 savings account is an investment account for your student’s education. Money invested in a 529 account will typically be invested and could grow, depending on the conditions of the investment. The growth of a 529 account, and thus its sole benefit, is usually derived from the passage of time. The growth of your investment (called Capital Gains) is typically taxed by the federal government, and often your state. Amounts invested in a 529 plan are taxed, but the withdrawals are generally tax-free when used for educational items such as tuition.
How Can Your Family Use a 529 Savings Account to Save Funds?
The benefit of a 529 plan is that the withdrawn Capital Gains of your investment will be tax-free when used for qualified education expenses, both at the federal level and often at the state level.
Funds in a 529 plan can be used to cover up to $10,000 per year in tuition and fees at any private school, and they are accepted by Enlightium Academy. Additionally, funds from a 529 plan can be used toward qualified educational expenses, such as for a computer used solely for educational purposes, and not for entertainment or amusement. If you have a 529 plan and would like to discuss next steps, you can reach out to an Enrollment Consultant at (866) 488-4818 Opt. 2.
Enlightium Academy is a private Christian online school that serves homeschooling families by offering a Bible-based, flexible, accredited, teacher-supported, and affordable education from the comfort of your home. For any other questions about Enlightium, please call (509) 319-2288 or visit EnlightiumAcademy.com.
Source:
https://www.irs.gov/newsroom/529-plans-questions-and-answers
Tags
Admissions
About The Author
Elijah is a finance, accounting, and operations professional with a passion for process improvement, automation, and financial systems. With a background in management and accounting, he specializes in streamlining operations, enhancing efficiency, and ensuring accuracy in financial processes.
He holds a Bachelor's in Management and an MBA from the University of Wyoming. Outside of his professional pursuits, Elijah enjoys weightlifting, mechatronics, and exploring innovative solutions in technology and finance. He values continuous learning, personal growth, and time spent with family.
Hear From Our Families
Don’t just take our word for it—listen to the stories of families who’ve chosen Enlightium and found success. Our community of over 5,000 online students speaks to the strength of our program and the profound impact it has on our students’ lives.
We love Enlightium!
This was our first year with Enlightium Academy and I love it for my daughter! She has grown so much spiritually and academically! The weight of having to do it all has been lifted since I have 3 small children as well. We feel supported in our homeschool life!
Brittany R.
Greatest homeschooling program
This program is really focused on a good education for your kids.
Kristen S.
We went from discouraged to "We can do this!!"
The ability to adapt to our child’s learning challenges made for a smooth transition bringing joy that she is actually learning now and retaining the knowledge. We can not wait to tackle another year!
L. Allen
Love the curriculum
Love the curriculum. The teachers are wonderful and caring. Any technical issues are resolved almost immediately and the billing department has excellent customer service
EA Parent
We love Enlightium!
This was our first year with Enlightium Academy and I love it for my daughter! She has grown so much spiritually and academically! The weight of having to do it all has been lifted since I have 3 small children as well. We feel supported in our homeschool life!
Brittany R.
Greatest homeschooling program
This program is really focused on a good education for your kids.
Kristen S.
We went from discouraged to "We can do this!!"
The ability to adapt to our child’s learning challenges made for a smooth transition bringing joy that she is actually learning now and retaining the knowledge. We can not wait to tackle another year!
L. Allen
Love the curriculum
Love the curriculum. The teachers are wonderful and caring. Any technical issues are resolved almost immediately and the billing department has excellent customer service
EA Parent
Prayers answered!
This education option has blessed our lives in so many ways. We will forever be grateful to Enlightium Academy.
Marman
A wonderful experience
Enlightium academy has helped me so much in the homeschooling of my son. They have worked with our scheduling and been there with answers to any questions we've had. They have made this a wonderful experience.
Mandy
My kids are making way better grades
I love the curriculum given to my kids and the teachers are very helpful. My kids are making way better grades with this program then they did in public school.
Michael
Everything I was looking for
Enlightium Academy ended up being everything I was looking for. It offers a good, flexible curriculum that truly accommodates my schedule without sacrificing learning. Most importantly, they teach the Bible in such an amazing way. It’s just perfect—I don’t regret being part of this school for a moment.
Diliana S.
Prayers answered!
This education option has blessed our lives in so many ways. We will forever be grateful to Enlightium Academy.
Marman
A wonderful experience
Enlightium academy has helped me so much in the homeschooling of my son. They have worked with our scheduling and been there with answers to any questions we've had. They have made this a wonderful experience.
Mandy
My kids are making way better grades
I love the curriculum given to my kids and the teachers are very helpful. My kids are making way better grades with this program then they did in public school.
Michael
Everything I was looking for
Enlightium Academy ended up being everything I was looking for. It offers a good, flexible curriculum that truly accommodates my schedule without sacrificing learning. Most importantly, they teach the Bible in such an amazing way. It’s just perfect—I don’t regret being part of this school for a moment.
Diliana S.
