Editor's Picks

– 529 Insiders
– News & Research
– Data
– ABLE Act Column
– Events

529 Dash, Required Reading for Your 529 Education: The goal of the 529 Dash is to address the specific needs and concerns of advisers and institutions who sell and service 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 529s, ABLE accounts and education financial planning.

Please Read, Engage and Share.

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

529 Insiders Article of the Week

529 Plans Grow Amidst Market Volatility

  • Investors deposited a record level of gross contributions into 529 college savings plans with $33 billion in 2018, compared to $29 billion in 2017.

Read more
News & Research: Article Round-Up

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

  • Plansponsor, “Bill introduced to help employers offer student loan repayment benefit.” Editor's Take: Bills are on the horizon to make it easier and more beneficial for employers and planadvisers to offer college financial planning benefits.
  • Journal of Financial Planning, “Discussing college funding with children.” Editor's Take: Great topic and takeaway. Have the college financial planning conversation with your clients today.
  • Webinar, “The Kids You Love Next.” Editor's Take: We are on the cusp of an unparalleled generational wealth transfer. No FAs are immune to losing assets as they transfer from one generation to the next. This program is designed to show FAs how to use 529 plans to help prevent that asset loss while simultaneously helping affluent grandparent clients assist their grandchildren in getting a college education.
  • Federal Reserve, “Statistical Release: Consumer Credit (November 2018).” Editor's Take: Student loans reached an estimated $1,563.6 million as of September 2018. The flow of $132.9 million in 3Q 2018 is roughly 4.2% higher than $127.5 million in 3Q 2017.
  • EBW Financial Planning, “Why you must start a 529 college savings plan early.” Editor's Take: Agreed that it is important to save early and save often for education. Also, the article provides an example of how an advisor uses education financial planning to help them to grow and protect their book of business. Read the article to learn more.

Data: 4Q 2018 529 and ABLE Market Sizing Update

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

Read more
ABLE Act Column

ABLE accounts are tax-advantaged savings accounts for certain individuals with disabilities and their families.

News, Research, Data & Resources:

  • Indiana General Assembly, “Senate Bill 559.” Editor's Take: In January, the state of Indiana introduced a bill that would provide a tax credit on contributions to an ABLE account if passed. Read the article to learn more, check out a YouTube video interview with Amy Corbin who is Executive Director of the Indiana ABLE Authority, or see photos of an ABLE event at the Indiana state capital on Twitter here.
  • Twitter, “Tweets. Media.” Editor's Take: This section provides links to live photos taken and posted over the past week by ABLE program managers, and this week includes posts by WV ABLE. Thank you for building awareness through outreach which will continue to help more families to successfully use ABLE accounts.
  • Idaho State Independent Living Council, “Who is eligible, and who can open an ABLE account.” Editor's Take: This is one YouTube video of several by the council on the fundamentals of ABLE accounts. Click the link to learn more.

Events: SI 529 Conference 2019

Save the Date: Strategic Insight 529 Conference 2019 will be held from September 23-25, 2019, at the Ritz-Carlton, Amelia Island, Florida. Sessions:

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

Read more
 
February 25th, 2019
Contact Us
EDITORIAL: Paul Curley
paul.curley@strategic-i.com
Advertising:Austin Ulep
austin.ulep@strategic-i.com
   
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This newsletter has been prepared using information and sources we believe to be reliable; however, we make no representation as to its accuracy, adequacy or completeness, nor do we assume responsibility for any errors or omissions or for any results obtained from the use of this report, including any action taken with respect to securities referred to in this report. Our employees may from time to time acquire, hold or sell a position in securities mentioned herein. We may from time to time perform services for any company mentioned in this report. This report is not a prospectus or representation intended to use in the purchase or sale of any securities mentioned in this report.