Hal_Al
Level 15

Education

They are working on a fix to the education section, particularly inputting expenses for a 529 distribution.  The last report said before the last weekend, but that didn't happen. 

 

What OBBBA  benefit are you expecting to get?

The One Big Beautiful Bill Act (OBBBA) significantly expands 529 plan (QTP) usage, effective July 5, 2025, by doubling the annual K-12 tuition withdrawal limit to $20,000 and broadening qualified expenses to include curriculum materials, tutoring, online tools, and disability-related therapies. These enhancements also cover postsecondary credentialing and, starting in 2026, enable permanent, tax-free rollovers to ABLE accounts