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Mississippi State Treasurer Lynn Fitch Mississippi State Treasurer Lynn Fitch

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State Treasurer Lynn Fitch Responds to President’s Failed Proposal

Today, Mississippi State Treasurer Lynn Fitch responded to President Obama’s failed attempt to roll back tax-free earnings for 529 college savings plans that were enacted in 2001 for new contributions.

“This was simply bad policy and I’m relieved the President heard the voices coming from both sides of the aisle in opposition,” Treasurer Fitch said. “Taxing the middle class and taking away incentives for families to save for college is not the answer to our problems, and I’m happy to know this proposal has been dropped.”