Key Points:
- The “Freedom to Invest in Tomorrow’s Workforce Act” is a bipartisan, bicameral bill.
- The bill aims to expand qualified expenses under 529 savings plans.
- The expanded expenses would include postsecondary training and credentialing.
- This would cover costs like licenses and professional certifications.
Closing paragraph:
The “Freedom to Invest in Tomorrow’s Workforce Act” is a promising bipartisan effort to support individuals in pursuing postsecondary training and credentialing. By expanding the qualified expenses under 529 savings plans, this bill acknowledges the importance of professional certifications and licenses in today’s workforce. It’s refreshing to see lawmakers working together to invest in the future of our workforce and provide more opportunities for individuals to advance their careers. Let’s hope this bill gains the necessary support for its successful implementation!