529 News

ICI survey sees college savings on the rise

(October 7, 2003) - The Investment Company Institute has released a survey of parents with children age 18 or younger that indicates the desire and effort of many families to save for future college expenses. Two-thirds of respondents are currently saving for college. Of these, more than 90 percent use taxable investments to help achieve their college savings goals. But that may be changing; more than one-quarter of savers indicated their intention to open a 529 account or Coverdell ESA within the next 12 months.

For more information, click here.

Return to 529 News center.


Reset email successfully sent.
Please check your inbox.