 | The Economic Growth and Tax Relief Reconciliation Act of 2001 contains sunset provisions. Should I be worried about this?
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Answer:
No. The Economic Growth and Tax Relief Reconciliation Act of 2001 made qualified withdrawals from a 529 plan tax free at the federal level until December 31, 2010, when the benefit was scheduled to sunset, or expire. But the Pension Protection Act of 2006 removed the sunset provision, making qualified withdrawals from a 529 plan permanently tax free at the federal level.
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