– 529 Insiders Article of the Week
– News
– Research
– Data
– ABLE Act Column
– Events
– Quote of the Week

529 Dash, Required Reading for Your 529 Education: The goal of the 529 Dash is to address the specific needs and concerns of advisers, accountants and estate planners who sell and service families and institutions in the college financial planning process by providing industry relevant news, product training and best practices.

Please Read, Engage and Share.

Paul Curley, CFA
Editor-in-Chief of 529 Dash
Director of College Savings Research
paul.curley@strategic-i.com
Twitter: @PaulCurleyBC
LinkedIn: Strategic Insight 529 Dash LinkedIn Group

Congressional Briefing: ABLE by the Numbers

How successful have ABLE accounts grown to date from a market data perspective?

Here is what you need to know from stories released this week.

Legislative Updates Relating to H.R. 1, The “Tax Cuts and Jobs Act”:
– Joint Committee on Taxation (December 7, 2017): Comparison of House and Senate Versions
– Joint Committee on Taxation (December 7, 2017): Revenue Score for Senate Version
– Joint Committee on Taxation (November 11, 2017): Revenue Score for House Version
– Forbes, “Ted Cruz’s 529 education savings amendment to tax reform is a big win for families”
– Morningstar, “529 accounts: Not just for college savings anymore?”
– Washington Post, “GOP plan expands college savings plans to cover K-12 costs”
– NPR, “What a tax overhaul could mean for students and schools” (Audio)
– Concord Monitor, “GOP tax plan worries N.H. students, officials in higher education”

Other News:
– Capstone College Partners, “College Financial Aid Policies: Like comparing apples and oranges”
– Financial Planning, “The right way to project future college expenses”

Here is what you need to know from data and research released this week.

– 86% of recent college graduates would commit to an employer for five years if they contributed to paying down their student loan debt.
– 70% of college graduates enter the work force with student loans, and the average balance is $37,000
– 69.3% of student loan borrowers would prefer a debt payment over a present this holiday season.

Here is the latest 529 and ABLE market data by Strategic Insight that can be used by the media and other organizations.

This week’s top news, resources, legislative updates and product announcements relating to ABLE accounts, which are tax-advantaged savings accounts for certain individuals with disabilities and their families.

News, Research, Data & Resources:
– Disability Scoop, “ABLE accounts growing in popularity.” Editor’s Take: Thank you ABLE National Resource Center for hosting the Congressional Briefing, and for the opportunity to present. Please read the 529 Insiders article on the event here as well.
– 529 Insiders, “529 & ABLE 3Q 2017 529 Data Highlights.” Editor’s Take: ABLE is successfully helping a growing number of families to save for qualified expenses.

Events:
– Strategic Insight ABLE Summit 2018 will be held on September 26, 2018, at the JW Marriott Orlando, Grande Lakes.
– Strategic Insight ABLE Summit 2019 will be held on September 25, 2019, at the Ritz-Carlton, Amelia Island

Save the Date:
– 529 Conference 2018: September 24-26, 2018 – JW Marriott Orlando, Grande Lakes
– 529 Conference 2019: September 23-25, 2019 – Ritz-Carlton, Amelia Island

Sessions:
– 529 Conference: A highly interactive and educational industry gathering with the entire college financial planning ecosystem.
– 529 Essentials: A pre-conference session to train professionals on 529 plans in a constantly evolving market.
– ABLE Summit: A post-conference session to deliver insight and networking opportunities to support the successful implementation and growth of ABLE accounts.

Please email Paul at paul.curley@strategic-i.com to inquire about having him provide a continuing education or industry landscape update presentation.

“A survey we conducted with leading financial advisors indicated that, by far, saving for college is their clients’ top source of financial anxiety.”

– Emily Moak, Director with Allianz Worldwide Partners

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