College Savings

If you're like most Americans, you don't have a 529 college savings plan.

If you're like most Americans, you don't even know what it is.

All the more reason to keep reading.

That's because, with the new tax law, Republicans have made important changes to 529 plans that will affect millions of taxpayers, not just the ones saving for college. Before that news, though, a quick primer.

college savings
Tax Credits / Flickr Creative Commons

When members of Congress return to Washington this week, they’ll continue working on a tax reform plan that supporters say will aid the middle class in a number of ways, including expanding school choice options.