529 Plan Amendment to Tax Reform Is a Big Win for Families

529 Plan Amendment to Tax Reform Is a Big Win for Families
Joshua L. Jones/Athens Banner-Herald via AP

Thanks to a tax reform amendment offered by Senator Ted Cruz (R-Texas), parents will soon be able to save for K-12 tuition or homeschooling expenses in the same tax-free way they can save for college today. This expansion of 529 plans is a wonderful new tool for parents and their children.

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