1Q 2016 529 plan assets up, continue to reach year-over-year highs
According to 1Q16 data from Strategic Insight, assets in 529 college savings plans increased by 2.1% over 4Q 2015, and increased 1.5% over the past year.
Net inflows in the 1st quarter of 2016 were $3.2 billion, compared to $3.3 billion in 1Q of 2015, 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 2016 were $3.2 billion, compared to $3.3 billion in 1Q of 2015, demonstrating that investors are successfully withdrawing 529 plan funds for qualified higher education expenses.