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Assets in 529 plans now more concentrated among several firms
The 529 market can be more difficult to break into than the 401(k) world, which has an abundance of small plans that can be eager to hire fintech providers. States hiring 529 managers aren't likely to consider firms that don’t have track records.
Many Americans don’t know what a 529 plan is
Only 36% of Americans were able to identify a 529 as an education savings tool, and only 20% of parents say they have used a 529 account or are planning to use one.
Illinois, Michigan and Utah top Morningstar’s 529 plan ratings
Its revamped methodology takes into account four criteria
Parents still saving for college despite pandemic: Fidelity
The survey found families are only on track to cover 33% of their savings goals
What COVID-19 college refunds and online classes mean for 529 plans
Parents should consider putting partial refunds back into 529 accounts or applying it to fall tuition – unless students take a gap year
Does Democrats’ call for free college put the need for 529 plans in limbo?
Proposals made by Democratic presidential candidates bring into question future need for 529 college savings plans.
Many Americans still clueless about 529 plans
About 72% of Americans cannot identify the savings plans as being for college savings, a new survey shows.
R.I. showering babies with cash for their 529s
The state will deposit $100 in a 529 account for any baby born after July 1, to encourage families to start saving for college.
The UGMA truth: 529s usually better for college savings
Experts say investors can loosen the binds of their restrictive UGMA or UTMA accounts and get into a 529 — with a few caveats.
