The Freedom To Invest in Tomorrow's Workforce Act (H.R. 1477/S. 722) would expand qualified expenses under 529 savings plans to include postsecondary and other training and credentialing expenses, such as licenses and professional, non-governmental certifications. 

Under current law, 529 plan beneficiaries cannot use funds to obtain or maintain recognized postsecondary credentials, including professional certifications, licenses and other valuable training or credentials. 

Expanding the qualified expenses for 529 plans would ensure that audiologists, speech-language pathologists, and audiology and speech-language pathology assistants would be able to use 529 funds for both initial education expenses, as well as  for postgraduate credentialing and licensing expenses.

The bipartisan legislation would allow communication sciences and disorders students, families, and professionals to better access the education, skills training, and credentials that help build strong, resilient careers.

Download the Issue Brief [PDF] to learn more. 

Please complete the form to email your representatives and senators and ask them to cosponsor H.R. 1477/S. 722.

Questions? Please contact Eric Matsen, ASHA's director of federal affairs, education government affairs & public policy, at emasten@asha.org.

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