Updated Wednesday, May 22, 2013 as of 6:19 PM ET
For College Savings, Could Coverdells Rival 529s?
Could Coverdell education savings accounts play a vital role in clients' education planning?
“Its time may have come,” Savingforcollege.com founder Joe Hurley recently wrote on his website.   more »
More in College Savings Plans
Assets held in 529 college savings plans increased 16.7% last year as the largest state plans continued to attract the bulk of assets. more »
The Internal Revenue Service said Wednesday that it has observed problems with the filings for education tax credits that could be delaying processing of tax returns. more »
According to Joe Hurley, founder of Savingforcollege.com, by far the most frequently asked questions he receives from advisors concern the impact of 529 plans on financial aid. more »
This increase indicates that “investors are successfully using 529 plans for their intended purpose of qualified higher education expenses,” according to the Financial Research Corp. more »
Funding a 529 plan for a grandchild can offer estate-tax benefits for wealthy clients - plus feel-good rewards. more »
Almost seven in 10 mass-affluent couples (69%) discuss their finances at least a few times a month. That’s more than what many spend talking about other topics, such as the election, work, sex, and even their kids. more »
Advisors can bring great benefits to their clients through college savings plans. Here are 15 advantages and 13 notes of caution. more »
Participation in 529 college savings plans has leveled off after years of growth, according to a Fidelity survey. Perhaps not coincidentally, the study found that most advisors do not "proactively suggest the 529 plan" to parents with youngsters. more »
Legg Mason's 2012 Intergenerational Survey of College Finances points out a lack of advanced planning among affluent Americans for their children's college education. more »
Alternative mutual fund shop Hatteras Funds has launched a new variable trust fund, the Hatteras Alpha Hedged Strategies Variable Fund, which will bet on “multiple” hedge fund managers. more »
William Blair & Co. has turned off the spigot on the William Blair International Growth Fund and Institutional International Growth Fund, effective June 30. more »
Laurence D. Fink used at least half a dozen acquisitions to expand BlackRock Inc. from a boutique bond shop to the world’s biggest money manager. Now the firm, which invests $3.7 trillion for clients around the world, faces a new challenge: Growing on its own. more »
June arrived on a positive note for tax-exempt money market funds, which accumulated $1.19 billion in new cash while total net assets rose to $273.64 billion in the week ended June 4, according to the Money Fund Report, a service of iMoneyNet.com. more »
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