Publications & Studies

Education

Building A Better Path to Education

Created in 1996 as “qualified state tuition programs,” 529 plans have become a crucial savings tool for American families navigating the high cost of a college education. Families invest in a 529 savings account, earnings grow tax-deferred, and withdrawals are federally tax-free when used for qualified education expenses. The Tax Cuts and Jobs Act (TCJA) expanded the list of eligible…

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