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Expanding 529 Accounts: Funding for Workforce Credentials

This act broadens the use of 529 savings accounts to include expenses for postsecondary workforce credentials and certifications. This means more types of training and courses can be funded through these accounts, making it easier for citizens to invest in their professional development and acquire new skills. These changes can help cover costs for exams, program fees, and continuing education required to maintain credentials.
Key points
529 accounts, traditionally for college, now cover professional certifications and training costs.
You can use 529 funds for tuition, books, exams, and continuing education for recognized credentials.
The changes make it easier to finance career development and acquire new, in-demand skills.
article Official text account_balance Process page
Introduced
Citizen Poll
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Additional Information
Print number: 119_HR_1151
Sponsor: Rep. Wittman, Robert J. [R-VA-1]
Process start date: 2025-02-07
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Summarized by: gemini-2.5-flash
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Freedom to Invest in Tomorrow’s Workforce Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_HR_1151.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2025-02-07.

What are the main provisions?

Key points include:

  • 529 accounts, traditionally for college, now cover professional certifications and training costs.
  • You can use 529 funds for tuition, books, exams, and continuing education for recognized credentials.
  • The changes make it easier to finance career development and acquire new, in-demand skills.
What is the specific legal status?

The current status is Introduced.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Wittman, Robert J. [R-VA-1].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-22.

CATEGORIES

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