Sunday, December 17, 2017

Final Tax Bill Extends 529 Plans To Elementary and Secondary School Tuition

The final version of the Tax Cuts and Jobs Act as it emerged from the Conference Committee (full text) extends Section 529 Qualified Tuition Programs so that they will now be able to be used to fund not just higher education expenses, but also up to $10,000 per student per year of tuition at public, private or religious elementary or secondary schools.