Old 05-22-2023, 12:04 PM
  #1  
AirBear
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Joined APC: Dec 2017
Position: Retired NJA & AA
Posts: 1,928
Default Aviation Training Bill, use 529 distributions

https://www.ainonline.com/aviation-n...ource=hs_email

Industry Orgs Urge Action on Aviation Training Bill

-has bipartisan support in the House
-allows pilot and maintenance technician schools eligible for 529 plan distributions

In case you're not familiar with 529 plans:

What is a 529 plan and how is it used?
A 529 college savings plan is a state-sponsored investment plan that enables you to save money for a beneficiary and pay for education expenses. You can withdraw funds tax-free to cover nearly any type of college expense. 529 plans may offer additional state or federal tax benefits.
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