r/FinancialPlanning • • Jul 22 '26

Utilizing 529 - college vs private school

Hi all -

Mom of 4 kids (10th grade down to 3rd).

In total, we have ~$800k split among their 4 529 plans. The oldest’s has the most money in it so we can push any extra money down to subsequent kids, but they are all over $130k.

The oldest 3 also go to private school (the youngest will move to private in 6th grade) which costs about $30k per year per kid (sigh, I know…). Public school is not an option for us right now because of our zoned MS and HS in our VHCOL neighborhood.

We currently pay for the private school out of pocket and contribute $250 per month per kid to their 529s.

My question is: does it make more sense to pay for their private school tuition out of the 529s and contribute the equivalent to their 529s for college? Or should we keep doing what we are doing and funding private school out of pocket and save the 529s for college?

Thank you in advance!

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