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.
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