Recommending 529 college savings plans to your clients? View the latest rankings of each 529 plan -- from top to bottom -- for one-year investment performance, three-year investment performance, five-year investment performance and ten-year investment performance.Learn more
Featured Professional ArticlesPRO
FINRA’s new 529 Plan Share Class Initiative allows firms to self-report any issues with 529 plan share class recommendations and supervision by April 1 to avoid fines. FINRA hopes the initiative will help to remedy potential violations and return money to affected investors as quickly and effectively as possible.Read more
The highly-anticipated Savingforcollege.com 529 plan rankings are here! This slideshow provides information on the top 10 direct-sold 529 plans, including performance score, program manager and how to enroll. Based on 3-year performance as of 9/30/18.Read more
Morningstar Inc. has released a research paper about family use of 529 plans, New Lessons about 529s. The paper shows that getting middle-income families to shift college savings to 529 plans will yield increased investment returns. The paper also provides practical ideas for getting more families to invest in 529 plans.Read more
When asked why they aren't saving more for college in a 529 plan, clients will typically give one of these 10 excuses. Here are some ways financial advisors can address their concerns and stress the importance of planning for future education costs.Read more
Help clients take advantage of new potential tax savings by developing an effective 529 funding strategy for K-12 private school tuition costs. With a relatively shorter time horizon and $10,000 annual withdrawal limits, a new calculator is recommended when paying for private elementary and high school expenses.Read more
529 plan expert Vince Sullivan explains how a 529 plan can present a tax-deferred opportunity for clients, even if they aren't planning on using it for qualified education expenses. Find out if a state tax deduction could offset the costs of taxes and penalties owed after a non-qualified withdrawal.Read more
A family’s Expected Family Contribution is based on information a family reports on the FASFA, and determines financial aid eligibility. Here’s why it’s important for financial advisors to understand EFC.Read more
The final version of the Tax Cuts and Jobs Act includes a provision to allow families to save for K-12 expenses with 529 plans. Here’s who would see the biggest impact.Read more
The concept of Superfunding refers to using the 5-year election to frontload a 529 plan gift. Learn how this strategy can help grandparents reduce their estate tax exposure.Read more
Content for ProfessionalsPRO
Access these features with a Premium Subscription.
Ask your question on our message board.
529 Pro Update
This twice monthly newsletter is essential for financial professionals who want to stay up-to-date on the latest strategies and industry news