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Cruz Fights for More Flexible Education Savings Accounts

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Two of the good
reforms are that the bill would increase eligible retirement savings and expand
new families’ access to their 401k to support parental leave for the birth or
adoption of a new child.

The original bill
that passed out of the House Ways and Means Committee after a unanimous, bipartisan
vote also included the important 529 expansion Cruz is fighting for in the

Although the
Secure Act is a mixed bag, the 529 provision was one of the good reforms in the
original bill. Including the expansion of
eligible education savings could tip the scale back to a neutral package.

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