The idea of changing the rules mid-course is inheritantly unfair… Perhaps – if this passes, they’d write is to 529’s are frozen to new contributions, and the old rules apply. (She says hopefully….)
That said – it might work out ok for me. My income is super low, so I’m back in the 15% bracket.
Ironically, I just put this months contributions into the kids 529’s yesterday. I might open a separate investment account and put the money in there. It’s not like the 529 is invested differently than I’d invest it – Vanguard index funds….