Editor's Picks

Issue 291:
– 529 News & Research
– ABLE Act Column
– 529 Conference 2022

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

529 News & Research

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

  • CNBC, “As 529 plan balances shrink, parents may want to consider this investment to build college savings.” Editor’s Take: Thank you CNBC and Sharon Epperson for creating and sharing the timely article on the impact of market volatility in 2022 on average 529 account balances, and for sourcing ISS Market Intelligence. In response to the market volatility, the importance of saving and saving efficiently for education with 529 plans is on the rise. Save automatically, save one-time through credit card rewards and gifting, and through budget changes over time. Read the article to learn more.
  • 529 Insiders, “529 Dash Reader Question.” Editor’s Take: What rules govern how much you can withdraw for food when the student lives off campus?
  • ISS Insights, “Top Trends in 529 in 2022.” Editor’s Take: On May 25, 2022, ISS Market Intelligence and Ohio’s 529 Plan, CollegeAdvantage, provided a 529 webinar on 529 reminders, tips and best practices; Key themes in 2022 impacting the 529 industry; Q1 2022 529 & ABLE market sizing and talking points; New industry insights from ISS MI’s annual survey of parents; and 529 & ABLE industry announcements and product enhancements. Click the link to watch, learn, and share.
  • 529 Insiders, “529 and ABLE Market Sizing as of March 31, 2022.” Editor’s Take: Read, learn and share.
  • 529 Insiders, “Target Market Analysis: Percentage of 529 Users vs. Non-529 Savers vs. Savers vs Non-Savers by Household Income (2022).” Editor’s Take: As of April 2022, what percentage of 529 users, non-529 savers, savers and non-savers earn certain levels of household income? Click the link to learn more about the results from our survey fielded in April 2022.
ABLE Act Column

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

  • Joint Committee on Taxation, “Description of the Chairman’s Modification to the Provisions of the “Enhancing American Retirement Now (EARN) Act.” Editor’s Take: New legislation titled in short the “Earn Act” and also referenced as SECURE 2.0 is currently on course to include the ABLE Age Adjustment Act which would increase the age of onset for eligibility to open an ABLE account from 26 to 46 years old. ISS Market Intelligence will continue to track and report on the progress of this legislation.
  • 529 Insiders, “529 and ABLE Market Sizing as of March 31, 2022.” Editor’s Take: Read, learn and share.
Events: 529 Conference 2022

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

Updates: 

  • Registration now open here
  • Venue tab includes access to event hotel room block information here
  • Sessions in 2022 Announced:

    • 529 Primer & Landscape
    • Federal Regulatory Framework
    • Plan Governance & Administration Best Practices
    • Structuring & Evaluating the Investment Lineup
    • Tax Benefits & Planning
    • MSRB Rulemaking & FINRA Advertising Regulation Overview
    • Financial Aid
    • Comparing College Savings Vehicles: How do 529s Stack Up?
    • State of the 529 Industry
    • State’s Perspective on Industry Trends and Building Momentum
    • Product Strategy, Trends and Outlook
    • Keynote
    • Direct-Sold Marketing Strategies
    • Employer Channel Trends and Opportunities
    • Stable Value
    • National Broker-Dealer’s View on Product, Marketing & Distribution Strategies
    • Legislative & Regulatory Developments
    • Investment Line-Up Trends and Outlook
    • Business Building with 529s
    • Outlook for 529s in 2023 & Beyond
    • State of the ABLE Industry & Legislative Update
    • ABLE Landscape: Meeting the Needs from All Perspectives
    • ABLE Implementation: Product, Marketing & Distribution Perspective
    • ABLE Outlook: Challenges & Opportunities
 
June 27th, 2022
Contact Us
EDITORIAL: Paul Curley
paul.curley@issmarketintelligence.com
Advertising: Paul Curley
paul.curley@issmarketintelligence.com
   
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