The Freedom to Invest in Tomorrow’s Workforce Act,  introduced in the Senate by Amy Klobuchar (D, MN) proposes to expand the use of 529 education savings plans to cover expenses related to workforce training and credentialing programs, including costs for tuition, books, certification, and testing fees associated with postsecondary training programs.

By allowing 529 funds to be used for non-degree programs, the bill could help address our sector’s workforce challenges by making it more financially feasible for individuals to pursue careers in aging services, such as certified nursing assistants.

There is some expectation that the legislation will be included in the budget reconciliation process.

LeadingAge supports the bill.