Enhancements to 529 Plan May Soon be Realized
The Senate Finance Committee has unanimously passed measures that enhance the 529 Plan, an educational savings plan that helps parents fund their children’s college education. The 529 Plan is operated by state agencies and organizations, and withdrawals for education expenses are exempt from federal taxes. Among the improvements added to the bill are: Students can … Continue reading Enhancements to 529 Plan May Soon be Realized