true or false

1:You won't have to pay federal or state income taxes on the money you withdraw from your529 College Savings Plan if the money is usedto pay for qualified higher-education expenses.

2:The Federal Tax Cut and Jobs Act of 2017 that was signed into law on December 22, 2017 enables 529 plan owners to withdraw assets to pay for K-12 tuitions up to $10,000 per year beginning in 2018. These withdrawals will have no federal tax impact. The indivudal will not be taked on the plan earnings if used to fund K-12 education within the laws limits.