Aviation Training Bill, use 529 distributions
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Aviation Training Bill, use 529 distributions
https://www.ainonline.com/aviation-n...ource=hs_email
-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.
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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