College 529 plans can help meet expenses during a student’s postsecondary years, but they don’t have to cover all costs to help families’ financial situations.
That’s one of the findings in a report by 529 plan administrator Ascensus College Savings, which administers more than 3.5 million 529 plan accounts, representing more than 27 percent of the total 529 accounts administered across the nation. The company provides services for 31 plans across 17 states and ranks first among 529 plan managers.
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