S. 756, also known as the “Freedom to Invest in Tomorrow’s Workforce Act,” aims to amend the Internal Revenue Code to allow 529 savings plans to cover certain expenses related to obtaining postsecondary credentials. It defines these covered expenses to include tuition, fees,...
Simple Explanation
S. 756 is a bill that lets people use special savings accounts called 529 plans to help pay for certain school-related costs when getting special job certificates, like how you use a piggy bank to save up for toys or books.