At first, 529s could only be used for college. But in 2017, Republicans expanded the eligible uses of 529 plans to include K12 expenses as well. And in Last year's Working Families Tax cuts, Republicans again expanded 529 plans to include a number of education investments. tutoring, vocational education, homeschool materials, and continuing education. And on top of that, we doubled the amount that you can spend from your 529 account to $20,000 a year. (00:46–00:54)
CLAIM
Asserts that Republicans expanded 529 plans to include various education investments in the Working Families Tax cuts.
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