In Q1, 529 and ABLE Account Assets Continue Steady Growth
The majority of the assets, $500 billion, are held in 16.3 million 529 savings plan accounts, while prepaid tuition plans...
Tag: ABLE accounts
Vestwell Takes ‘Rainy Day’ Savings Literally
The digital recordkeeper has a new tax-deferred savings program that makes automatic contributions dependent on when it rains in the...
What Advisers Should Know About ABLE
As ABLE accounts surpass a billion dollars in assets, advisers can use the program to help those with disabilities, Vestwell...
Ascensus Ugift Program Exceeds $3 Billion in Contributions
The program to allow friends and family to contribute to a beneficiary’s account has seen gift total grow by 50%...
529 Flows Dip to $1.5B, But Still Strong Amid Market Volatility
As of the fourth quarter of 2022, the total market for 529 savings plans rose to 16 million accounts with...
529s and ABLE Accounts Both Get a Boost from SECURE 2.0
The changes make it possible to roll over 529s into Roth IRAs and easier to qualify for an ABLE account.