---
title: The Tax Reform and Its Impact on How You Pay for College
description: "There have been a number of changes due to the Tax Reform regarding paying for College. As noted in
this article, the new federal tax law allows for tax-free distributions from the 529 account in order to pay
eligible K-12 schools. Account owners can now withdraw up to $10,000 per beneficiary per year for
qualified K-12 expenses. This article explains the changes and other items which are important when
saving for college."
image: https://www.barryinvestmentadvisors.com/hubfs/bia-fpsusers$katherineDocumentsMy%20PicturesCollege%20Saving%20Picture.jpg
---

September 20, 2018

# The Tax Reform and Its Impact on How You Pay for College

There have been a number of changes due to the Tax Reform regarding paying for College. As noted in...

![Barry Investment Advisors](https://www.barryinvestmentadvisors.com/hubfs/Toolbox%20Images/BIA_Logo_Horizontal_RGB.png)

Posted by [Barry Investment Advisors](https://www.barryinvestmentadvisors.com/blog/author/barry-investment-advisors)

![bia-fpsusers$katherineDocumentsMy PicturesCollege Saving Picture](https://www.barryinvestmentadvisors.com/hubfs/bia-fpsusers$katherineDocumentsMy%20PicturesCollege%20Saving%20Picture.jpg)

Posted by

There have been a number of changes due to the Tax Reform regarding paying for College. As noted in this article, the new federal tax law allows for tax-free distributions from the 529 account in order to pay eligible K-12 schools. Account owners can now withdraw up to $10,000 per beneficiary per year for qualified K-12 expenses. This article explains the changes and other items which are important when saving for college.

 

[![Click Here to Read](https://no-cache.hubspot.com/cta/default/424177/02da0b39-ce54-4356-b783-ff94c1f9dc8a.png)](https://cta-redirect.hubspot.com/cta/redirect/424177/02da0b39-ce54-4356-b783-ff94c1f9dc8a)

### You may also like:

## [What Rob Gronkowski Got Right About Money](https://www.barryinvestmentadvisors.com/blog/what-rob-gronkowski-got-right-about-money)

April 24, 2026

Rob Gronkowski built long-term financial security not by chasing a higher income, but by...

[Learn More](https://www.barryinvestmentadvisors.com/blog/what-rob-gronkowski-got-right-about-money)

## [The Psychology of Money in 10 Minutes: Five Lessons That Matter More Than Income](https://www.barryinvestmentadvisors.com/blog/the-psychology-of-money-in-10-minutes-five-lessons-that-matter-more-than-income)

January 21, 2026

Most people believe wealth is about how much you earn. In reality, it is far more about how you...

[Learn More](https://www.barryinvestmentadvisors.com/blog/the-psychology-of-money-in-10-minutes-five-lessons-that-matter-more-than-income)

#### Looking For More Resources?

Download our free cheatsheet which explains key tax and 529 changes from the One Big Beautiful Bill.

![Get the Cheatsheet!](https://no-cache.hubspot.com/cta/default/424177/interactive-194001243284.png)