Congress Adds More Uses for College Savings Plans (Sec 529 Plans)
Submitted by Desmond Wealth Management, Inc. on February 20th, 2020On December 20, 2019, President Trump signed into law the Appropriations Act of 2020, which included a number of tax law changes, including extending certain tax provisions that expired after 2017 or were about to expire, retirement and IRA plan modifications and other changes that will impact a large portion of U.S. taxpayers as a whole.