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. These reforms will help more Americans find success, whether they need a little help getting through algebra or want to pursue a career in the trades. (01:02–01:09)
CLAIM
Asserts that the spending limit from 529 accounts was doubled to $20,000 annually.
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