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Congress expanded 529 plans to include tutoring and test prep — and every Foley Prep service now qualifies. Put your tax-free education dollars to work today.
Yes! Effective July 4, 2025, the "One Big Beautiful Bill" expanded 529 qualified expenses to include:
All Foley Prep services are now 529-qualified K-12 educational expenses — so you can put your tax-advantaged education savings toward immediate tutoring needs.
Stretch every education dollar further with tax-advantaged savings.
529 contributions grow tax-free, and withdrawals for qualified education expenses are tax-free at the federal and state levels — maximizing your education investment.
Use existing 529 funds for tutoring right now. No waiting period — start saving on your next Foley Prep session with tax-advantaged dollars.
SAT/ACT prep, AP tutoring, executive function coaching, college counseling — every Foley Prep service is now 529-eligible for maximum flexibility.
Four simple steps from your savings to your sessions.
Call your 529 plan administrator to confirm the new tutoring benefits are active and learn their reimbursement process, required documentation, and processing times.
Schedule tutoring, test prep, or coaching as usual. We provide detailed receipts that clearly identify qualifying educational services for easy reimbursement.
Submit your Foley Prep receipts to your 529 provider with any required forms. Most plans process reimbursements within 7–14 business days.
Get your money back tax-free and reinvest those savings into more tutoring or other educational expenses. No federal or state taxes on qualified withdrawals.
See how much further your education dollars go.
| Using a 529 Plan | Traditional Payment |
|---|---|
| Tax-free growth — your education savings compound without tax drag over time. | After-tax dollars only — no tax advantages for educational spending. |
| Tax-free withdrawals — no federal or state taxes on qualified education expenses. | Already paid income tax on the money used for tutoring. |
| State tax benefits — many states (including NJ) offer deductions for 529 contributions. | No additional state tax benefits. |
| Expanded usage — now covers tutoring, test prep, coaching, and college counseling. | Limited flexibility for education-related expenses. |
| Multi-generational benefits — unused funds can transfer to siblings or future generations. | Spent money is gone — no transfer options. |
Start using your 529 plan for Foley Prep services today. We provide all the documentation you need for easy, tax-free reimbursement.
View Pricing & ServicesTest prep, tutoring, coaching, and college counseling all qualify.
Available at our 7 NJ centers or live online — your choice.
Detailed documentation provided for simple reimbursement.
For detailed information about 529 plans and qualified expenses, visit these official resources:
The information on this page is for general informational purposes only and should not be considered tax, financial, or legal advice. Please consult your financial advisor, tax professional, or legal counsel to understand how 529 plans work with your specific situation before making any financial decisions.
Questions about 529 plans or need help with reimbursement? Email Ron Foley directly at ronfoley@foleyprep.com — he answers every message.
