January 3, 2024

IBPSA Joins Coalition Advocating for Expansion of 529 Savings Plans

If enacted, proposed legislation would allow 529 plans to be used for postsecondary skills training and credentialing, such as IBPSA’s certification programs. For American families seeking to set aside funds for their children’s future education expenses, investment accounts known as 529 plans offer a multi-beneficial option. However, these plans are currently subject to a significant limitation: they do not cover expenses related to postsecondary credentials and skills training, such as government-issued licenses, nongovernmental certifications, registrations, and other specializations. Fortunately, a […]