529 PLANS
529 News
529 assets dip in Q3
(December 15, 2014) - Total assets in 529 college savings plans decreased 1.5% during the third quarter of 2014, according to Strategic Insight, reflecting the seasonal withdrawal pattern associated with the return to fall classes.
Assets at September 30, 2014 were $217.2 billion compared with assets of $220.6 billion at June 30, 2014. Estimated net outflows during the quarter were $1.20 billion.
Assets were 13.5% higher than September 30 a year ago, when they stood at $191.3 billion. Net outflows in last year's third quarter were $0.60 billion.
Strategic Insight found that Virginia's CollegeAmerica 529 plan had the largest share ($46.8 billion) of total 529 assets at September 30, 2014, while New York's College Savings Program-Direct was second with $15.8 billion.
Financial Professionals
Top 529 College Savings Plans
One-year rankings are based on a plan's average investment returns over the last 12 months.
| State | Plan Name | |
|---|---|---|
| 1 | West Virginia | SMART529 WV Direct College Savings Plan |
| 2 | California | ScholarShare 529 |
| 3 | Nebraska | Nebraska Education Savings Trust - Direct College Savings Plan |
Three-year rankings are based on a plan's average annual investment returns over the last three years.
| State | Plan Name | |
|---|---|---|
| 1 | California | ScholarShare 529 |
| 2 | New York | New York's 529 College Savings Program -- Direct Plan |
| 3 | West Virginia | SMART529 WV Direct College Savings Plan |
Five-year rankings are based on a plan's average annual investment returns over the last five years
| State | Plan Name | |
|---|---|---|
| 1 | California | ScholarShare 529 |
| 2 | Ohio | Ohio's 529 Plan, CollegeAdvantage |
| 3 | New York | New York's 529 College Savings Program -- Direct Plan |
10-year rankings are based on a plan's average annual investment returns over the last ten years.
| State | Plan Name | |
|---|---|---|
| 1 | Nevada | USAA 529 College Savings Plan |
| 2 | New York | New York's 529 College Savings Program -- Direct Plan |
| 3 | Alaska | T. Rowe Price College Savings Plan |
