Tag: College Savings Plans 529

BlackRock Expands 529 Plan Investments

November 2, 2012 (PLANSPONSOR.com) – BlackRock Inc. expanded its iShares exchange-traded funds (ETFs) business, adding seven portfolio options to the iShares 529 Plan.

Confidence in Retirement Savings Drops Slightly

April 17, 2012 (PLANSPONSOR.com) - Confidence in retirement savings and overall financial security both dropped one point, to 57% and 41%, respectively, according to Country Financial’s Security Index.

529 Assets Jump in Q4 2011

February 27, 2012 (PLANSPONSOR.com) – Total 529 college savings plan assets were an estimated $144.4 billion in Q4 2011, according to data from Financial Research Corporation (FRC), a division of Strategic Insight.

Prepaid Tuition Plans Are 93% Funded

February 14, 2012 (PLANSPONSOR.com) - The College Savings Plans Network (CSPN) reported that as of the close of the most recent fiscal year, Section 529 prepaid tuition plans are, on average, approximately 93% funded.

California to Close Part of 529 College Savings Plan

October 18, 2011 (PLANSPONSOR.com) – California will close its “adviser-sold” unit, a small portion of the 529 college-savings plan, in which residents invest in the plan through brokers and financial planners, reports the Los Angeles Times. 

NE 529 Plan Launches FDIC-Insured Savings Option

October 17, 2011 (PLANSPONSOR.com) - First National Bank of Omaha (FNBO), the Nebraska Educational Savings Trust (NEST), and Nebraska State Treasurer Don Stenberg announced the launch of the Bank Savings Investment Option, Nebraska's FDIC-insured 529 savings option.   

MA 529 Plan to Use Fidelity’s Age-Based Investment Options

October 4, 2011 (PLANSPONSOR.com) - Fidelity Investments and the Massachusetts Educational Financing Authority (MEFA), sponsor of the U.Fund College Investing Plan, have unveiled a new age-based strategy as the latest investment choice available to families saving for college via Fidelity-managed 529 college savings plans.

529 Plan Assets Increase in Q2 2011

August 18, 2011 (PLANSPONSOR.com) - Financial Research Corporation's (FRC) 529 College Savings Quarterly Data Highlights show 529 savings plan assets have increased to an estimated $149.8 billion as of the second quarter of 2011.  

TIAA-CREF Selected as Manager of CA 529 Plan

June 13, 2011 (PLANSPONSOR.com) – California Treasurer Bill Lockyer announced that the ScholarShare Investment Board (SIB) has unanimously selected TIAA-CREF Tuition Financing (TFI) to manage California’s direct-sold 529 college savings plan.

529 Plan Assets Increase Nearly 6% in Q1 2011

May 20, 2011 (PLANSPONSOR.com) - Total 529 savings plan assets increased to an estimated $146 billion as of 1Q11, reflecting a 5.8% increase from 4Q10 assets of $138 billion, according to data from the Financial Research Corporation (FRC).

Graduates Advise Saving Early for College Costs

May 20, 2011 (PLANSPONSOR.com) - According to the Fidelity Cost-Conscious College Graduates Survey, while two-thirds (66%) of the Class of 2011 who are graduating with debt say the value of college is worth the cost, one-quarter say they would have made different choices if they had thought more about potential future debt.