In December 2017, the Tax Cuts and Jobs Act, a sweeping $1.5 trillion tax-cut package, became law.
College students and their parents dodged a major bullet with the legislation, as initial drafts of the bill
included the elimination of Coverdell Education Savings Accounts, the Lifetime Learning Credit, and the
student loan interest deduction. What did make the final cut was the expanded use of 529 plans.

Read full article here: https://www.aurochsfinancial.com/wp-content/uploads/2018/04/Tax-Cuts-and-Jobs-Act-529-Plans-Expanded.pdf

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Your Guide to Financial Independence

Rick Epple, CFP(r), CeFT (r)