The Investment Side of College Savings

2021 ◽  
Author(s):  
Alexey Vasilenko
Keyword(s):  
College Savings

Kindergarten Student College Savings Account Scale

2021 ◽  
Author(s):  
Terri J. Sabol ◽  
Andrea Kinghorn Busby ◽  
Marc W. Hernandez
Keyword(s):  
Student College ◽  
College Savings ◽  
Kindergarten Student

Employer Matching Contributions to Section 529 College Savings Plans

2019 ◽  
Vol 51 (3) ◽  
pp. 129-140
Author(s):  
John G. Kilgour
Keyword(s):  
Higher Education ◽  
Tax Credits ◽  
Student Debt ◽  
Employee Benefit ◽  
Investment Performance ◽  
Savings Accounts ◽  
Different Types ◽  
Tax Deductions ◽  
College Savings

The alarming increase of higher education and the resulting growth of student debt in recent years has resulted in a number of employers adopting programs to assist employees with 529 college savings plans. However, the design or adoption of such plans is complicated. They are 529 prepaid tuition plans, educational savings plans or Coverdell Educational Savings Accounts. Many states offer tax deductions, tax credits or grants. Fees and expenses vary significantly among the different types of plans and from state to state as does investment performance. This article examines these matters from the perspective of an employer considering the adoption of a 529 or other college savings plan as an employee benefit.

Mapping the perspectives of low-income parents in a children's college savings account program

2010 ◽  
Vol 32 (1) ◽  
pp. 129-136 ◽  
Author(s):  
Toni Johnson ◽  
Deborah Adams ◽  
Johnny S. Kim
Keyword(s):  
Low Income ◽  
College Savings

State-Sponsored College §529 Plans: An Analysis of Factors that Influence Investors' Choice

2005 ◽  
Vol 27 (s-1) ◽  
pp. 29-50 ◽  
Author(s):  
Raquel Meyer Alexander ◽  
LeAnn Luna
Keyword(s):  
District Of Columbia ◽  
Bush Administration ◽  
Policy Implications ◽  
Tax Law ◽  
Savings Accounts ◽  
State Tax ◽  
Tax Deductions ◽  
College Savings ◽  
Investment Choices ◽  
Tax Deduction

Taxpayers have invested more than $45 billion in state-sponsored §529 college savings plans. Created by federal legislation in 1996 and enhanced by a 2001 tax law change, all 50 states and the District of Columbia now offer a §529 plan. Some states provide tax deductions and/or exemptions to taxpayers choosing in-state plans. Because of the lack of historical return data on these funds and the absence of comparable investment vehicles, investors rely extensively upon securities dealers for fund recommendations. Using proprietary panel data for 77 plans in 50 states over eight quarters, this paper compares tax and nontax factors that drive §529 investment choices. This paper explains why an investor may choose an out-of-state §529 plan despite losing a potential state tax deduction. This paper also has policy implications for lifetime savings accounts proposed by the Bush administration.

Household Asset Allocation, Offspring Education, and the Sandwich Generation

2015 ◽  
Vol 105 (5) ◽  
pp. 611-615 ◽  
Author(s):  
Vicki L. Bogan
Keyword(s):  
Asset Allocation ◽  
Capital Accumulation ◽  
Pension System ◽  
Personal Health ◽  
Wealth Accumulation ◽  
Household Asset ◽  
Sandwich Generation ◽  
College Savings ◽  
Households With Children

This paper finds households with children and elderly dependents, the “Sandwich Generation,” significantly reduce both college savings and stockholding. Having any elderly dependents decreases the probability of both stockholding and college savings by twice as much as poor personal health. Hence, these results have critical implications as they demonstrate the importance and magnitude of links between the pension system, college financial aid, and wealth accumulation. Elderly dependents limiting parental funds for offspring education can decrease offspring long-term earnings potential via decreased human capital accumulation. Furthermore, decreased stock holdings can decrease long-term wealth accumulation and thus intergenerational wealth transfers.

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