On December 22, 2017, the president signed new tax legislation into law. While we're working on updating our website to reflect the new U.S. tax laws, the website may not address these changes.
The legislation includes the following several new provisions related specifically to 529 plan accounts, beginning with the 2018 tax year:
We'll provide more information as additional details about the effects of the tax bill become clear. We encourage you to consult a qualified tax advisor about your personal situation.