529 News

3Q 2015 529 plan assets down 5.6%

(November 4, 2015) - In its 3Q15 Savings Plan Data Quarterly Highlights, Strategic Insight reports that total 529 savings plan assets reached $221.4 billion in 2Q15. This is a 5.6% decrease over over the second quarter of 2015, and a 2.0% increase over 3Q 2014.

Net outflows in the 1st quarter of 2015 were $0.9 billion, compared to $1.2 billion in Q3 of 2014, demonstrating that investors are successfully withdrawing 529 plan funds for qualified higher education expenses.

Return to 529 News center.


Reset email successfully sent.
Please check your inbox.