Improvements in Store for 529 Plans?
Looks like Washington is looking into a few enhancements of 529 plans, based on the findings from a report from the U.S. Treasury. From TheStreet.com:
Congress and the White House are working on new proposals that would keep college 529 plan expenses down, widen the use of such funds and possibly even allow parents to do what was once unthinkable – cross state lines to get the best deals, while still getting favorable state tax benefits.
favorable state tax benefit