529 plan assets up 10% in first quarter 2015
In its 1Q15 Savings Plan Data Quarterly Highlights, Strategic Insight reports that total 529 savings plan assets reached $231.9 billion in 1Q15. This is a 10.1% increase over Q1 of 2014, and a 3.4% gain over 4Q14.
Net inflows in the 1st quarter of 2015 were $3.3 billion, compared to $3.2 billion in Q1 of 2014, demonstrating that investors are successfully withdrawing 529 plan funds for qualified higher education expenses.
Return to 529 News centerNet inflows in the 1st quarter of 2015 were $3.3 billion, compared to $3.2 billion in Q1 of 2014, demonstrating that investors are successfully withdrawing 529 plan funds for qualified higher education expenses.