In 2022, there were over one million more section 529 college savings plans in the United States than in 2021. As of December 31, 2022, there were 16 million plans nationally, and one year later that number had increased to 15.67 million. The 529 plan is a tax-advantaged college savings plan designed to encourage families and individuals to save for future education expenses.
Number of section 529 college savings plans in the United States from 2009 to 2022
(in millions)
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529 College Savings Plans. (March 15, 2023). Number of section 529 college savings plans in the United States from 2009 to 2022 (in millions) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1232900/number-of-529-college-savings-plans-of-american-households/
529 College Savings Plans. "Number of section 529 college savings plans in the United States from 2009 to 2022 (in millions)." Chart. March 15, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1232900/number-of-529-college-savings-plans-of-american-households/
529 College Savings Plans. (2023). Number of section 529 college savings plans in the United States from 2009 to 2022 (in millions). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1232900/number-of-529-college-savings-plans-of-american-households/
529 College Savings Plans. "Number of Section 529 College Savings Plans in The United States from 2009 to 2022 (in Millions)." Statista, Statista Inc., 15 Mar 2023, https://www.statista.com/statistics/1232900/number-of-529-college-savings-plans-of-american-households/
529 College Savings Plans, Number of section 529 college savings plans in the United States from 2009 to 2022 (in millions) Statista, https://www.statista.com/statistics/1232900/number-of-529-college-savings-plans-of-american-households/ (last visited August 25, 2024)
Number of section 529 college savings plans in the United States from 2009 to 2022 (in millions) [Graph], 529 College Savings Plans, March 15, 2023. [Online]. Available: https://www.statista.com/statistics/1232900/number-of-529-college-savings-plans-of-american-households/