Sen. Schmitt Introduces Legislation to Expand 529 Account Distributions
Bill Intros-Senate
Copyright © Targeted News Service, 2025
Copyright © Targeted News Service, 2025
2025-07-09
Bailey Malota
WASHINGTON, July 9 -- Sen. Eric Schmitt, R-MO, has introduced a new bill aimed at increasing the distribution limit from 529 accounts for qualified higher education expenses. This proposed legislation seeks to enhance the financial flexibility available to families saving for higher education, raising the current limit from $10,000 to $20,000.
The motivation behind the bill stems from the rising costs of college tuition and educational expenses, which have increasingly burdened fami . . .
TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com
WASHINGTON, July 9 -- Sen. Eric Schmitt, R-MO, has introduced a new bill aimed at increasing the distribution limit from 529 accounts for qualified higher education expenses. This proposed legislation seeks to enhance the financial flexibility available to families saving for higher education, raising the current limit from $10,000 to $20,000.
The motivation behind the bill stems from the rising costs of college tuition and educational expenses, which have increasingly burdened fami . . .
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TARGETED NEWS SERVICE (founded 2004) features non-partisan 'edited journalism' news briefs and information for news organizations, public policy groups and other organizations. For more information contact MYRON STRUCK, editor, editor@targetednews.com, Springfield, Virginia; 703/304-1897; https://targetednews.com