College Savings Plans

Updated Tuesday, May 21, 2013 as of 9:17 PM ET

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Portfolio - College Savings Plans

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 »

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529 Plans Reach All-Time Highs, Investor Interest Rises

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 »

IRS Warns of Problems with Education Credit Filings

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 »

For College Aid, 529 Plans Get Top Marks

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 »

529 College Plans Continue Surge

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 »

Paying it Forward: Funding 529 Plans for Grandchildren

Funding a 529 plan for a grandchild can offer estate-tax benefits for wealthy clients - plus feel-good rewards. more »

Mass-Affluent Consumers Talking About Finances, Taking Greater Control

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 »

529 Plans: Untapped Potential of College Savings Plans

Advisors can bring great benefits to their clients through college savings plans. Here are 15 advantages and 13 notes of caution. more »

529 Growth Flattens, Advisors Slow To Suggest Them

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 »

Affluent Parents Need More College Planning

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 »

Hatteras’ Latest Offering Bets on Hedge Funds

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 Closes International Growth Funds

William Blair & Co. has turned off the spigot on the William Blair International Growth Fund and Institutional International Growth Fund, effective June 30. more »

Fink Prepares BlackRock for New Chapter as Acquisition Era Ends

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 »

Money Funds Post $1.19B Inflow

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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