The assets of section 529 savings plans in the United States was 57.5 billion U.S. dollars higher in June 2024 than a year earlier. 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 2024
(in billion U.S. dollars)
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529 College Savings Plans. (September 16, 2024). Assets of section 529 savings plan in the United States from 2009 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 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 2024 (in billion U.S. dollars)." Chart. September 16, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/246233/savings-plan-assets-of-american-households/
529 College Savings Plans. (2024). Assets of section 529 savings plan in the United States from 2009 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 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 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 16 Sep 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 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/246233/savings-plan-assets-of-american-households/ (last visited December 22, 2024)
Assets of section 529 savings plan in the United States from 2009 to 2024 (in billion U.S. dollars) [Graph], 529 College Savings Plans, September 16, 2024. [Online]. Available: https://www.statista.com/statistics/246233/savings-plan-assets-of-american-households/