4Q 2015 529 plan assets up by 4.1%
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.
Return to 529 News centerTotal 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.