Survey finds most 529 investors choose age-based options

Results of a survey of 529 plans by the College Savings Foundation (CSF) found that 69.9 percent of plan assets were in age-based portfolios, with 23.4 percent in static portfolios and 6.7% in individual fund portfolios. CSF also found that 78.8% of new sales were going into age-based options.

The survey represented $20.3 billion, or approximately one-third of all 529 savings plan assets, but did not include the largest 529 plan, Virginia's CollegeAmerica program, which offers only individual fund portfolios.

A smaller survey by CSF found that over half (56%) of 529 assets were in portfolios with 70 percent or more equity exposure. The survey represented $11.6 billion in assets.
Return to 529 News center