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, market data 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:

• New Mexico Living, “Understanding the New Mexico 529 Education Plan.” Editor’s Take: Thank you Natalie Cordova of The Education Plan for your time and insight on the video interview, and for helping to get the message out about the importance of education financial planning. Click, watch and learn.
• CNBC Select, “5 qualified expenses for 529 plans that go beyond a traditional college education.” Editor’s Take: 529 qualified expenses continue to expand beyond college tuition to several new areas. Read the article to learn more about those new areas, and thank you Liz Knueven and CNBC Select for covering 529s, sourcing ISS Market Intelligence and quoting Paul Curley.
• Financial Advisor IQ, “Want to Keep the Heirs as Clients? Get to Know Them Early: Nuveen.” Editor’s Take: The article starts by highlighting that 80% of inheritors stay with their financial advisor if they met them as a teen or child compared to 54% of inheritors who meet their financial advisor as a child, based on a recent survey by Nuveen. Carrying this statistic forward, ISS Market Intelligence adds that the easiest way for an advisor to get the conversation and engagement started earlier with the inheritor is by helping the family through education financial planning. Therefore, 529s and education financial planning provides an advisor with an opportunity to grow and protect their book of business. Have the education financial planning discussion today.
• 529 Insiders, “1Q 2023 529 market sizing highlights.” Editor’s Take: What was the 529 market sizing as of 1Q 2023 (March 31, 2023)? Click the link to learn more.

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

• Howard Clark, “What is an ABLE Account?” Editor’s Take: Thank you Howard Clark for helping to build awareness and understanding of ABLE by writing and sharing this education piece. Click the link to learn more.
• CPA Practice Advisor, “New tax law books ABLE Accounts.” Editor’s Take: The article provides an update on the ABLE Age Adjustment Act as part of SECURE 2.0, and educational overview of ABLE accounts. Articles such as this will help to broaden and deepen awareness and understanding of ABLE accounts through accountants, and their network of contacts and clients. Read, learn and share.
• 529 Insiders, “1Q 2023 ABLE market sizing highlights.” Editor’s Take: What was the ABLE market sizing as of 1Q 2023 (March 31, 2023)? Click the link to learn more.
• ABLE Summit 2023 by ISS Market Intelligence: 5th Annual In-Person Dedicated Event on ABLE Accounts
  • What: With the launch of ABLE accounts in 2016, we’re dedicating sessions at the 529 Conference 2023 to product training, networking and best practices on how organizations are involved in the ABLE industry, and how they can successfully evolve to drive growth of ABLE accounts from a consumer, legislative, product, marketing, distribution and outlook perspective. Help build momentum and join the conversation by registering for the event today. 
  • Dates: September 21, 2023
  • Location: The Ritz-Carlton Orlando, Grande Lakes, Florida, USA.
  • Venue: Link to event room block here.
  • Registration: Now open here, and the early bird registration rate ends on June 15, 2023.
  • Agenda: Now available here. Updated session titles below and click here to see the descriptions: 
    • ABLE Summit – State of the ABLE Industry By the Numbers
    • ABLE Summit – Community, Legislative, Product, Marketing & Distribution Perspective
    • ABLE Summit – ABLE Outlook: Challenges & Opportunities

• Dates: 529 Conference 2023 will be held from September 19-21, 2023
• Location: The Ritz-Carlton Orlando, Grande Lakes, Florida, USA.
• Venue: Link to event room block here.
• Registration: Now open here, and the early bird registration rate ends on June 15, 2023.
• Agenda: Now available here. 529 Conference 2023 will include the following twelve sessions on September 20 and 21, 2023:
  • Chairman’s Welcome and State of the Industry
  • State’s Perspective on Industry Trends and Building Momentum
  • Product Strategy, Trends and Outlook
  • Keynote Address
  • Direct-Sold Marketing Strategies
  • Emerging Trends and Opportunities
  • Stable Value for 529s
  • National Broker-Dealers View on Product, Marketing & Distribution Strategies
  • Legislative & Regulatory Developments
  • Investment Line-Up Trends and Outlook
  • Top-5 Education Financial Planning Strategies
  • Outlook for 529s in 2024 & Beyond

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