Do 529 Plans REALLY Help for Day School Tuition? YES!!!

By BJLife/Rabbi Ariel Sadwin
Posted on 05/24/18

Baltimore, MD - Apr. 20, 2018 - Over the last couple of years, Maryland’s private school community has had a healthy taste of state funded tuition assistance through the BOOST (Broadening Options and Opportunities for Students Today) Scholarship Program. This program has helped many hundreds of lower-income Jewish day school families to better afford their child’s day school tuition. However, there are many more families who struggle mightily with the tuition demands who have yet to see any reprieve.

That was yesterday. Today is a different story.

In the article below you will be introduced to 529 college savings plans and how the state of Maryland will now be providing the opportunity for all households to earn tax benefits by simply paying the day school tuition they are already paying.