Record $319 Billion Stashed in U.S. College 529 Savings Plans
- Total assets in 529 plans grew by $44 billion in 2017
- Record 13.3 million American families used investment vehicles
WTN College Tuition 050518
This article is for subscribers only.
Americans are stashing away cash for college.
A record 13.3 million families took advantage of Internal Revenue Service section 529 tax-advantaged savings plans for educational expenses last year -- an increase of 3 percent over 2016, according to the College Savings Plans Network in Lexington, Kentucky.