529 News

2Q 2015 529 Plan assets reach $234.7 billion

(August 15, 2015) - In its 2Q15 Savings Plan Data Quarterly Highlights, Strategic Insight reports that total 529 savings plan assets reached $234.7 billion in 2Q15. This is a 1.2% increase over over the first quarter of 2015, and a 6.4% increase over 2Q 2014.

Net inflows in the 1st quarter of 2015 were $3.4 billion, compared to $3.0 billion in Q2 of 2014, demonstrating that investors are successfully withdrawing 529 plan funds for qualified higher education expenses.

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