Maryland lawmakers working to close a loophole that allowed families to amass thousands of dollars in state aid to bolster their children’s educational savings accounts. https://t.co/XdJr5URnAt
— Capital Gazette (@capgaznews) March 31, 2021
Wednesday, March 31, 2021
Maryland lawmakers ending college savings loophole that sent nearly $100K in state money to one family
In one family, adults opened 195 total accounts for four children, ultimately receiving $97,500 in state matches, according to nonpartisan analysts.
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