529? What's that?
You're more likely to hear that sort of reaction if you mention the 20-year-old college savings plan than you were even a year ago—despite the surging problem of student loan debt.
That's according to a recent Edward Jones 529 Plan Awareness survey, which found that approximately 72 percent of Americans cannot identify a Section 529 savings plan as being for college savings. That's up from 66 percent a year ago—and despite the fact that such plans have been around since 1996.
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
