Tax Bills Extend 529-Type Plans to K-12

Tax Bills Extend 529-Type Plans to K-12

Dec 4, 2017, 2:32 PM

(from the Washington Post) A last-minute amendment added to the Senate tax bill passed early Saturday would let parents use a special tax-free college savings account to pay tuition at private K-12 schools. Introduced by Sen. Ted Cruz (R-Tex.), the amendment is virtually identical to a provision in the House version of the bill. Both let parents spend up to $10,000 from tax-free college savings accounts. All Democrats and two GOP senators opposed the amendment. 

More at The Washington Post

All news on NetAssets.org


NET ASSETS PODCAST

Get Net Assets NOW

Subscribe to NBOA's free twice-monthly newsletter.

SUBSCRIBE