Freedom to Invest in Tomorrow’s Workforce Act 2025-02-26 Introduced in Senate Freedom to Invest in Tomorrow’s Workforce Act

This bill expands the expenses eligible for tax-free withdrawals from a qualified tuition program (known as a 529 plan) to include tuition, fees (including test fees), books, supplies, equipment, and other expenses related to the enrollment or attendance in a recognized postsecondary credentialing program.

Under the bill, a recognized postsecondary credentialing program includes certain programs identified by a state as providing training services, a program listed in the Web Enabled Approval Management System (WEAMS) maintained by the Department of Veterans Affairs, certain examinations required to obtain or maintain a credential, and other reputable credentialing programs.

Further, under the bill, such programs must be designed for an individual to obtain

  • an industry-recognized postsecondary employment credential (e.g., project management professional certificate, advanced emergency medical technician certificate, and welding supervisor certificate),
  • a certificate of completion of a registered and certified apprenticeship,
  • an occupational or professional license issued or recognized by a state or the federal government (and any certification required for obtaining such license), or
  • an associate or baccalaureate degree. 
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