Accordingly, from a political perspective, how was it not worth the time required to come up with this plan from the outset and spare the Administration and those who truly felt their religious rights were being put at risk a whole lot of angst when it was completely unnecessary from the start?
From a tax perspective, 529 plans offer the opportunity for tax-free growth on investment earnings if distributions from the plan are used for qualifying college expenses (tuition, fees, books and computers).