Issue 299:
– 529 News & Research
– ABLE Act Column
– 529 Conference 2022
– ISS Proprietary Data & Research Update

529 Dash, Required Reading for Your 529 Education: 
The goal of the 529 Dash is to help institutions and financial professionals who help families and employers in the education financial planning process by creating and sharing industry relevant news, product training, and best practices, while also building awareness and understanding of the importance of 529 plans and ABLE accounts.

Please Read, Engage and Share.

Paul Curley, CFA
Associate Director
529 & ABLE Solutions, ISS Market Intelligence
paul.curley@issmarketintelligence.com
Twitter: @PaulCurleyBC

Here is what you need to know from stories, research, and data released this week:

• YouTube, “Avoid this big mistake in 529 accounting investing.” Editor’s Take: Cary Stamp, CFP®, provides three actionable and timely takeaways for parents given in the recent market volatility. Watch to learn more.
• Ignites (subscription required), “Virtus Takes AllianzGI’s Slot on a 529 Plan.” Editor’s Take: Thank you Ben Miller for covering this important industry trend. As quoted in the article, the addition of new investment advisors helps to broaden and expand the usage of 529s as different types of investors seek different types of investment management and styles. Click the link to read the other quotes.
• TIAA, “Director, 529 Investment Product Manager.” Editor’s Take: TIAA has announced an open position with their team as 529 Investment Manager. Click the link to learn more.
• 529 Insiders, “2Q 2022 529 Market Sizing Highlights.” Editor’s Take: What was the 529 market sizing as of June 30, 2022? Read to learn more.

ABLE accounts are tax-advantaged savings accounts for certain individuals with disabilities and their families. 
News, Research, Data & Resources:

• YouTube by Senator Bob Casey, “Live hearing from the Special Committee on Aging: Saving with ABLE.” Editor’s Take: On August 17, 2022, Senator Bob Casey provided a discussion on “Saving with ABLE: Financial Security for Pennsylvanians with Disabilities” from the University of Pittsburgh.  
• YouTube by WDIV, “Money Minute: Understanding who qualifies for MiABLE Accounts.” Editor’s Take: Ron Meloni, CFP®, provides an introduction and overview to ABLE accounts. Watch to learn how this financial planner shares his insight on ABLE to build awareness and understanding about ABLE and his practice.
• 529 Insiders, “2Q 2022 ABLE Market Sizing Highlights.” Editor’s Take: As of June 2022, there were a total of 126,192 ABLE accounts investing $1.108 billion in assets. Read the article to learn more, and thank you for the support and encouragement to cover ABLE.
• ABLE Age Adjustment Act Status Board: The bill would increase the age of onset for eligibility to open an ABLE account from 26 years old to 46 years old. As of August 29, 2022, the bill sponsorship was as follows:
  • Senate (S331): 1 sponsor and 21 cosponsors
  • Congress Sponsorship (HR1219): 1 sponsor and 93 cosponsors

ABLE Afternoon Summit: Will be held on October 19th of the 529 Conference 2022 at The Ritz-Carlton Orlando, Grande Lakes, Florida, USA

• Registration is now available
• Kiran Siddique, Assistant Vice President, AKF Consulting Group, has been confirmed as moderator of the “ABLE Landscape: Meeting the Needs from All Perspectives” ABLE Summit panel.

529 Conference 2022 will be held from October 17-19, 2022, at The Ritz-Carlton Orlando, Grande Lakes, Florida, USA. 

Updates: 

• Registration now available
• Hotel Room Block now available
• Agenda now available
• Speakers now available

Agenda Updates: 

• Andrea Feirstein, Managing Director, AKF Consulting Group, has been confirmed as moderator of the “State’s Perspective on Industry Trends and Building Momentum” 529 Conference panel.
• Stephen Jobe, Senior Vice President, Vestwell State Savings, has been confirmed as moderator of the “Outlook for 529s in 2023 & Beyond” 529 Conference panel.
• Peter Mazareas, Ph.D, Co-Founder, Invite Education; Chairman Emeritus, College Savings Foundation, has been confirmed as a presenter on the “Outlook for 529s in 2023 & Beyond” 529 Conference panel.
• Ben Gibbons, Director of Marketing, Ohio Tuition Trust Authority, has been confirmed as moderator of the “Employer Channel Trends and Opportunities” 529 Conference panel.

• Based on a proprietary survey of parents fielded in April 2022 by ISS Market Intelligence, the 529 Industry Analysis 2022 report provides subscribers with actionable guidance on how 529 product providers and distributors can enhance their legislative, product, marketing and distribution strategies based on the market demand, demographic shifts and sentiment of parents and their families. The report also provides an overview of the education financial planning landscape, 529 landscape, demographics, product developments, marketing, and distribution. Learn more here.

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