Tag: ABLE accounts

Products March 21st, 2023

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% in slightly more than a year.

Investing February 9th, 2023

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 $411 billion in assets, according to data from ISS Market Intelligence.

MARKET MIRROR

Friday, the Dow gained 415.12 points (1.26%) to close at 33,274.15, the Nasdaq gained 208.44 points (1.74%) to close at 12,221.91 and the S&P 500 increased 58.48 points (1.44%) to close at 4,109.31. The Russell 2000 gained 34.10 points (1.93%) to close at 1,802.48 and the Wilshire 5000 increased 621.46 points (1.55%) to close at 40,708.41.

The price of the 10-year Treasury note increased 29/32, bringing the yield to 3.471%. The price of the 30-year Treasury bond increased 1 27/32, bringing the yield to 3.653%.

For the week ending March 31, the Dow gained 3.22%, the Nasdaq increased 3.37% and the S&P 500 increased 3.48%. The Russell 2000 gained 3.89% and the Wilshire 5000 finished 3.69% higher.