News
August 26, 2025
PMI Backs 529 Expansion to Cover Career Certifications
PHILADELPHIA, PA — The Project Management Institute (PMI) is applauding a recent expansion of 529 education savings plans that now allows the funds to be used for career-focused certifications, including ...
PHILADELPHIA, PA – In a move hailed as a victory for workforce development, the Project Management Institute (PMI) is celebrating the broadened scope of 529 education savings plans, which now include coverage for a wider range of career certifications. This expansion opens doors for individuals seeking to upskill or reskill in today's rapidly evolving job market, making professional development more accessible and affordable.
Previously, 529 plans were primarily used for college tuition, room, and board. The updated regulations now allow families to utilize these funds for qualified certification programs, offering a significant boost to individuals pursuing careers in fields like project management, technology, healthcare, and skilled trades. PMI, a global organization dedicated to advancing the project management profession, sees this as a crucial step in addressing the growing skills gap across various industries.
"This is a game-changer for individuals looking to invest in their future," said a PMI spokesperson. "The ability to use 529 savings for professional certifications removes a significant financial barrier and empowers more people to acquire the skills and knowledge needed to succeed in today's competitive job market."
The expansion acknowledges the increasing importance of certifications in validating skills and demonstrating competency to employers. For aspiring project managers, this means that funds saved in a 529 plan can now be used to cover the costs of certification exams, preparatory courses, and other related expenses. This will undoubtedly encourage more individuals to pursue project management careers and contribute to the growth of this vital profession.
The move is expected to have a positive impact on both individuals and the economy as a whole. By making career certifications more accessible, the expansion of 529 plans will help individuals gain the skills they need to secure better-paying jobs and advance their careers. It will also help employers find qualified workers to fill open positions, boosting productivity and economic growth. The Project Management Institute encourages individuals to explore how this change can help them advance their career goals.
Previously, 529 plans were primarily used for college tuition, room, and board. The updated regulations now allow families to utilize these funds for qualified certification programs, offering a significant boost to individuals pursuing careers in fields like project management, technology, healthcare, and skilled trades. PMI, a global organization dedicated to advancing the project management profession, sees this as a crucial step in addressing the growing skills gap across various industries.
"This is a game-changer for individuals looking to invest in their future," said a PMI spokesperson. "The ability to use 529 savings for professional certifications removes a significant financial barrier and empowers more people to acquire the skills and knowledge needed to succeed in today's competitive job market."
The expansion acknowledges the increasing importance of certifications in validating skills and demonstrating competency to employers. For aspiring project managers, this means that funds saved in a 529 plan can now be used to cover the costs of certification exams, preparatory courses, and other related expenses. This will undoubtedly encourage more individuals to pursue project management careers and contribute to the growth of this vital profession.
The move is expected to have a positive impact on both individuals and the economy as a whole. By making career certifications more accessible, the expansion of 529 plans will help individuals gain the skills they need to secure better-paying jobs and advance their careers. It will also help employers find qualified workers to fill open positions, boosting productivity and economic growth. The Project Management Institute encourages individuals to explore how this change can help them advance their career goals.
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