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Sallie Mae survey shows parents of younger children saving more

(October 1, 2009) - According to the recent report "How America Saves For College" released by Sallie Mae and Gallup, the overall 529 usage rate for savers was 33 percent based on a survey of over 1,200 parents of children under 18. However, parents with children under age seven are twice as likely to turn to 529 plans (43%) as parents of teens (20%).

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