529s Don't Gain in Popularity in 2005

After growing for two consecutive years, investments in 529 college savings plans dipped in 2005, according to The Wall Street Journal.

Net investments in both existing and new accounts went down to $13.69 billion from $13.72 billion the previous year, as per the Financial Research Corporation. The slip might be due to the recent increase in scrutiny, said Joes Hurley, president and founder of Savingforcollege.com.