529 Plan Assets Increase Nearly 6% in Q1 2011
Total 529 savings plan assets increased to an estimated $146 billion in the first quarter of 2011, reflecting a 5.8% increase from the previous quarter.
Tag: College savings plans 529
Flows into 529 Plans Growing Rapidly
The Financial Research Corporation (FRC) found that net flows into 529 college savings plans have increased by 75% over the past two years.
Archimedes Introduces College Savings Smartphone App
Archimedes Systems introduced the College Savings Planner application to help financial institutions engage with smartphone users.
529 Plan Assets Increased 11.5% in 2010
The College Savings Plans Network (CSPN) reports that assets under management in 529 plans increased 11.5% in 2010 net of contributions and distributions.
Indiana 529 Plan Adopts CD Option
The CollegeChoice CD 529 Savings Plan (CollegeChoice CD), first announced in January, is now available to college savers in Indiana.
FRC Sees Strong 529 Plan Growth
College savings plans have seen a 56% growth in assets over the past 24 months, according to industry data from Financial Research Corporation (FRC).
529 Assets Reach $138B in Q4 2010
Over the last twelve months, 529 plan assets have increased by 18.1%, reaching an estimated $138 billion in the last quarter of 2010.
Indiana 529 Plan Adds CDs
The Certificate of Deposit (CD) Savings Plan is the newest addition to Indiana’s CollegeChoice 529 Plan, which already includes Direct Savings Plan and Advisor Savings Plan options.
Many Need Help Understanding College Financing
Although 99% of parents and grandparents believe in the importance of sending their children to college, many do not choose the most cost-effective financial vehicles to pay college...
The Hartford Issues White Paper about 529 Plans
A white paper summarizing the results of The Hartford’s fifth annual college savings survey is now available to advisers.
Conn. 529 Plan Reduces Fees
The Connecticut State Treasurer’s office announced several enhancements for the CHET direct-sold 529 college savings plan today.
529 Plan Assets up 8.5% in Q310
Total 529 college savings plan assets increased to an estimated $127 billion as of 3Q10, reflecting an 8.5% increase from 2Q10 assets of $117 billion, according to the...
MESP Reduces Fees, Unveils Web Site
The Michigan Department of Treasury and TIAA-CREF Tuition Financing, Inc. announced a reduction in fees of the Michigan Education Savings Program (MESP).
Year-End Setting is Prime for Planning
iShares said today that the current tax environment, combined with the characteristics of 529 college savings plans, can be most useful during this time of year.
Many Saving for College Have Never Heard of 529 Plan
Half of respondents who don’t participate in a 529 plan say they have never even heard of the increasingly popular college savings vehicle.
Connecticut Expands 529 to Include Adviser-Sold Plans
The State Treasurer announced today that The Hartford will manage the first adviser-sold 529 college savings plan through the “CHET Advisor” program.
Putnam Offers 529 Plan with Absolute Return Funds
Putnam Investments has announced the nationwide availability of Putnam 529 for America, its new adviser-sold 529 college savings plan.
Fees Cut for The Vanguard 529 College Savings Plan
Vanguard will reduce expense ratios on The Vanguard 529 College Savings Plan by nearly half on some portfolios.
Fidelity Adds Bank Deposit Portfolio to 529 Plans
The addition of a new Bank Deposit Portfolio across Fidelity’s five direct-sold 529 college savings plan begins today.
Putnam Investments Chosen as Nevada’s 529 Provider
Putnam Investments will serve as program manager for Nevada’s 529 College Savings Plan, sold nationwide through financial advisers, effective October 1.