MACKINAC CENTER FOR PUBLIC POLICY

Update: On Sept. 23, the Mackinac Center Legal Foundation launched a lawsuit against the state of Michigan on behalf of five Michigan families who wish to use their Michigan 529 accounts to fund their children's private education. Learn more about how this case might ensure the ability of Michigan families to gain the full tax advantage of using their 529 plans to help pay for private K-12 tuition costs... Michigan was a pioneer in giving families greater ability to save for college tax-free through 529 savings accounts. Federal law now lets Michigan families use their 529 accounts to help pay for elementary and secondary school tuition. Congress approved this expansion through the December 2017 federal Tax Cuts and Jobs Act.

Also known as: Mackinac

Primary location: Midland United States