The assets of section 529 college savings plans in the United States varied a lot from one state to another in the second quarter of 2023. Virginia was the U.S. state with the highest assets value, amounting to over 90 billion U.S. dollars. By contrast, Hawaii was the state with the lowest assets value, amounting to less than 101 million U.S. dollars.
The 529 plan is a tax-advantaged college savings plan designed to encourage families and individuals to save for future education expenses.
Assets of section 529 college savings plans in the United States as of 2nd quarter 2023, by state
(in million U.S. dollars)
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Federal Reserve. (September 22, 2023). Assets of section 529 college savings plans in the United States as of 2nd quarter 2023, by state (in million U.S. dollars) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1232936/529-college-savings-plan-assets-of-american-households/
Federal Reserve. "Assets of section 529 college savings plans in the United States as of 2nd quarter 2023, by state (in million U.S. dollars)." Chart. September 22, 2023. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1232936/529-college-savings-plan-assets-of-american-households/
Federal Reserve. (2023). Assets of section 529 college savings plans in the United States as of 2nd quarter 2023, by state (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1232936/529-college-savings-plan-assets-of-american-households/
Federal Reserve. "Assets of Section 529 College Savings Plans in The United States as of 2nd Quarter 2023, by State (in Million U.S. Dollars)." Statista, Statista Inc., 22 Sep 2023, https://www.statista.com/statistics/1232936/529-college-savings-plan-assets-of-american-households/
Federal Reserve, Assets of section 529 college savings plans in the United States as of 2nd quarter 2023, by state (in million U.S. dollars) Statista, https://www.statista.com/statistics/1232936/529-college-savings-plan-assets-of-american-households/ (last visited December 21, 2024)
Assets of section 529 college savings plans in the United States as of 2nd quarter 2023, by state (in million U.S. dollars) [Graph], Federal Reserve, September 22, 2023. [Online]. Available: https://www.statista.com/statistics/1232936/529-college-savings-plan-assets-of-american-households/
