Tag: College savings plans 529

Nominating a plan sponsor client is a great way to show appreciation and highlight important best practices that are improving outcomes for defined contribution and pension plan participants. Nominations for all types of retirement plans will be considered, so don’t delay. 

Recent college graduates naturally look forward to their first well-paying job—and they often have a lot of ideas about what they will do with their income having nothing to do with paying back student loans or saving for retirement. 

The program is designed to help savers utilize help from family and friends to reach 529 plan goals. 

Retirement plan advisers may find a natural extension of their business model in serving the 529 college savings plan market. 

HR platform provider Gusto is making 529 plans available through a partnership with Gradvisor.

This is a friendly reminder that 2017 PLANSPONSOR Retirement Plan Sponsor of the Year nomination forms are still available. Don't wait to nominate—time is running out! 

Their average balance has jumped from $10,040 last year to $16,380 in 2016.

Forty-one percent of families have a 529 plan.

Vanguard recommends three actions parents can take to lower their tuition bill.

A majority would go into debt to fund their child’s college education.

Genstar Capital and Aquiline Capital Partners agree to acquire Ascensus Inc.

The retirement specialist advisory industry is still coming to terms with the opportunities and challenges of servicing 529 college savings plans.

The interactive website educates investors about 529 plans.

A study finds about half of parents are willing to delay retirement or dip into retirement savings to pay for children’s education.

Parents are thinking about their strategies for saving for children’s college costs, and one-third are turning to advisers for help.

Assets in 529 college savings plans continue to set yearly records, but growth in both the adviser-sold and direct-sold channels is slowing, research shows.

A wider array of investment options, an adviser-focused micro site and new branding are among the improvements to OppenheimerFunds’ Scholar’s Edge 529 Plan.

ING U.S. Investment Management became program manager for the adviser-sold portion of the state of Iowa’s IAdvisor529 Plan.

 

Total 529 savings plan assets reached an estimated $168.5 billion in the last quarter of 2012.