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23 January 2015

White House Proposes Taxable Withdrawals on 529 Plans

Posted in Perspectives

nytThe Obama Administration is proposing a significant change to 529 college savings plans—to make withdrawals taxable.  

Of course, this would apply only to new contributions, but regardless this feels like a terrible policy move for advocates of affordable education.

Check out this New York Times article for more insight and perspective.

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