529 PLANS

529 News

4Q 2015 529 plan assets up by 4.1%

(February 3, 2016) - According to 4Q15 data from Strategic Insight, assets in 529 college savings plans increased by 4.1% over last quarter, and increased 2.8% over the past year. This growth in assets outpaced long-term mutual fund and ETF assets, which increased 2.8% over the quarter and dropped by 0.9% since last year.

Total prepaid 529 plan assets decreased by 2.8% over the past year, and the total number of active prepaid accounts dropped to 1,153,507 from 1,359,109.

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