The new One Big Beautiful Bill Act, now signed into law, will change 529 plan rules as early as this summer. What does that mean for you?

US president Donald Trump signed his so-called ‘Big Beautiful Bill’ into law on 4 July, after the tax and spending package passed a final vote in the House of Representatives. The act extends tax cuts introduced during Trump’s first presidency,

Here's a look at the main components of the bill and how the changes could affect tax cuts, Medicaid, food stamps, offshore oil, energy and more in Louisiana.