529 tax law change
There is currently an article floating around at bankrate.com talking about some of the extraneous tax law changes buried in the 900+ page pension reform bill. No doubt there is more there than they have dug up just yet, but they point out that this law made the tax-free withdrawal of 529 money permanent. Now the gummint giveth and the gummint taketh away, but this change makes me a lot more comfy with the idea of 529 plans for college savngs.
"To be a man means that you are brave, loyal and true. When you are in the wrong, you own up and take your punishment. You don't take advantage of women. As a husband, you support and protect your wife and children. You are gracious in victory and a good sport in defeat. Your word is your bond. Your handshake is as good as your word... When the ship goes down, you put the women and children into the lifeboats and wave good-bye with a smile." C Murray