Editor's Picks

– 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
Director of Savings Research
paul.curley@strategic-i.com
Twitter: @PaulCurleyBC

News & Research: Article Round-Up

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

  • Thinkadvisor, “College is even more expensive than you think.” Editor's Take: Great title of an article on college financial planning, leading up to the sub-title of “But tuition and fees aren't the reason, according to a New York Fed report.” Good reminder to incorporate opportunity cost in the evaluation process, and read the article to learn more.
  • BenefitsPro, “Despite bleak numbers on student debt, a ray of hope for future generations.” Editor's Take: While financial literacy will solve part of the college affordability issue, future generations are expected to learn from the experience of high levels of student loan debt by starting the college financial planning process sooner for their beneficiaries. Also, the article missed an opportunity to highlight the expansion of college financial planning employer benefits as part of the “ray of hope for future generations.” In the interim, read the article to learn more.
  • Plansponsor, “Employer interest in student loan repayment programs picking up.” Editor's Take: College financial planning employer benefits are on the rise, and thank you for helping to build awareness on this important topic.
  • Becoming Minimalist, “Please stop buying plastic toys for kids.” Editor's Take: While not directly related to college financial planning, the storyline does highlight the need to provide more meaningful gifts to children, cousins, nieces and nephews at birthday parties and the holidays such as a 529 contribution instead of one more asset depreciating, noise making, light flashing, environment impacting or otherwise short-term satisfying gizmo. As such, I urge you and your clients and families to provide long-term asset appreciating gifts such as education via 529 contributions.

Data: 1Q 2019 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:

  • Social Media, “Tweets. Posts. Media.” Editor's Take: This section provides links to live photos and videos posted over the past week by ABLE program managers and community leader organizations, and this week includes posts by Ascensus and Illinois ABLE, and ABLE New Mexico. Thank you for building awareness through outreach which will continue to help more families to successfully use ABLE accounts.
  • FinCon 2019, “Announcing the final round of #FinCon19 session speakers.” Editor's Take: It is an honor to have been selected as speaker at FinCon 2019 on a session titled, “ABLE Accounts: Get the Latest about the Newest 529 Plan”. The event includes over 2,500 attendees, advisors and influencers.

Events: SI 529 Conference 2019

When: September 23-25, 2019
Where: Ritz-Carlton, Amelia Island, Florida.
What: The 529 Conference is a highly interactive and educational industry gathering where you’ll meet and network with the entire 529 and ABLE ecosystem.
How: Registration is now open, and early bird registration rates now available until June 21, 2019

Agenda Update:

  • Jennifer Tierney, Vice President, 529 Product Manager, Morgan Stanley, has been confirmed as a speaker on the “Product Strategy, Trends and Outlook” 529 Conference session.
  • Alex Heuer, Associate Director of Business Development & Strategic Partnerships, Peachjar, has been confirmed as a speaker on the “Direct-Sold Marketing Strategies” 529 Conference session.
  • Rachel Biar, Assistant State Treasurer, Nebraska State Treasurer’s Office, has been confirmed as a speaker on the “State’s Perspective on Industry Trends and Building Momentum” 529 Conference session.
  • Ernesto Lanza, Senior Counsel, Clark Hill PLC, has been confirmed as a speaker on the “Legislative & Regulatory Developments” 529 Conference session.
  • David Smith, CFA, Managing Partner, Marquette Associates, has been confirmed as moderator of the “Investment Line-Up Trends and Outlook” 529 Conference session.

 
June 10th, 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.