The assets of section 529 savings plans in the United States decreased by 69 billion U.S. dollars in 2022. By the end of 2018, those assets had a total value of 311 billion 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 savings plan in the United States from 2009 to 2022
(in billion U.S. dollars)
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529 College Savings Plans. (February 1, 2023). Assets of section 529 savings plan in the United States from 2009 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved October 14, 2024, from https://www.statista.com/statistics/246233/savings-plan-assets-of-american-households/
529 College Savings Plans. "Assets of section 529 savings plan in the United States from 2009 to 2022 (in billion U.S. dollars)." Chart. February 1, 2023. Statista. Accessed October 14, 2024. https://www.statista.com/statistics/246233/savings-plan-assets-of-american-households/
529 College Savings Plans. (2023). Assets of section 529 savings plan in the United States from 2009 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: October 14, 2024. https://www.statista.com/statistics/246233/savings-plan-assets-of-american-households/
529 College Savings Plans. "Assets of Section 529 Savings Plan in The United States from 2009 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Feb 2023, https://www.statista.com/statistics/246233/savings-plan-assets-of-american-households/
529 College Savings Plans, Assets of section 529 savings plan in the United States from 2009 to 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/246233/savings-plan-assets-of-american-households/ (last visited October 14, 2024)
Assets of section 529 savings plan in the United States from 2009 to 2022 (in billion U.S. dollars) [Graph], 529 College Savings Plans, February 1, 2023. [Online]. Available: https://www.statista.com/statistics/246233/savings-plan-assets-of-american-households/