529s have become a hot investment again, after a brief slowdown, according to the Wall Street Journal.
Growth in the state-run college savings plans began to pick up after Congress made them permanent in the Pension Protection Act—they were going to sunset in 2010.
Net new contributions to many of the plans for which
Growth is coming from both new accounts and current customers making bigger contributions, state officials state.
The Municipal Securities Rulemaking Board, which regulates broker sales and marketing of 529 plans, last month filed proposed rule changes with the
Though investors can set up 529 accounts directly with states,
The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.