Issue 306

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
Twitter: @PaulCurleyBC

529 News & Research

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

  • 529 Insiders, “3Q 2022 529 Market Sizing Highlights.” Editor’s Take: What was the 529 market sizing as of September 30, 2022? Read the article to learn more.
  • AKF Consulting, “State-run Retirement Programs 2022; Momentum Increases as Programs Grow.” Editor’s Take: Thank you Andrea Feirstein and team for creating and sharing your annual report on the growth of state-facilitated retirement programs given the parallels between 529, ABLE and now retirement. Click the link to learn more about trends, observations and considerations for states.
  • NASFAA (National Association of Student Financial Aid Administrators), “FAFSA Simplification.” Editor’s Take: Starting with the 2024-25 FAFSA, distributions from a grandparent-owned (or aunt, uncle or family friend) 529 will no longer be reported as untaxed student income. This website provides a number of resources and sources about this update and others relating to FAFSA Simplification, and click the link to learn and bookmark.
Webinar by ISS Market Intelligence

Please register for the upcoming quarterly webinar by ISS Market Intelligence. Join speakers of Paul Curley, CFA, Director of 529 & ABLE Research at ISS Market Intelligence, and Tim Gorrell, Executive Director of Ohio’s 529 Plan, CollegeAdvantage, as we discuss “2022 Year-End Gifting and Planning with 529s” on Wednesday, December 14, 2022 at 2pm EST.

This quarter will include topics such as:
– Holiday and End-of-Year gifting strategies with 529s
– 529 Reminders, Tips and Best Practices for End-of-Year Planning
– Myth Buster Series
– 3Q 2022 529 & ABLE Market Sizing and Highlight of Key Talking Points
– Industry Announcements, Product Enhancements, Legislative Updates and Research Releases
– Live Questions and Answers by attendees

Register and see you there!

Read more
ABLE Act Column

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

  • 529 Insiders, “3Q 2022 ABLE Market Sizing Highlights.” Editor’s Take: What was the ABLE market sizing as of September 30, 2022? Read the article to learn more.
  • ABLE Age Adjustment Act Status Board: The bill would increase the age of onset for eligibility to open an ABLE account from 26 years old to 46 years old. As of November 17, 2022, the bill sponsorship was as follows:
    • Senate (S331): 1 sponsor and 21 cosponsors
    • Congress Sponsorship (HR1219): 1 sponsor and 103 cosponsors
Events: 529 Conference 2023
  • 2023 Save the Date: 529 Conference 2023 will be held from September 19-21, 2023, at The Ritz-Carlton Orlando, Grande Lakes, Florida, USA. Please save the date.
November 21st, 2022
Contact Us
EDITORIAL: Paul Curley
Advertising: Paul Curley
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