This is how bond funds work. TLT fund has a 20 year average maturity. Rate changes in the last years have “devalued” older bonds that were invested during near zero rate days. One has to hope rates go down for recovery or wait 20 years for the now higher dividends to make up for the drop in value.

Hard agree. I dislike these style of posts. Link the damn outlet or court order stating this information. I hope we the people can read.

Not that it excuses the attempt. But for now the tax exempt text is no longer in bill. The linked article was updated on 5/20 to mention this and the reasoning while 529 account usage expansions are still in place. Of course now we just wait for it to show up else where.