S. 5227: First-Time Home Buyer Empowerment Act

S. 5227 is a federal bill in the 119th Congress. Before this bill, money in a qualified tuition program, commonly known as a 529 college savings account, could only be withdrawn tax-free for educational expenses, or rolled over into a Roth retirement account under strict limits. If account holders… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.