The Tax Cuts and Jobs Act of 2017 expanded the qualified use of 529 savings accounts by allowing withdrawals for K-12 tuition expenses. Section 529 of the federal tax code sets the general rules of qualified tuition programs, which authorizes each state to administer its own program and determine its unique state tax treatment and other policies. CollegeInvest 529 plans can only be used for qualified higher education expenses. Any other uses including K-12 tuition expenses, are considered nonqualified withdrawals and subject to penalties.