AKF Blog


we have a lot of thoughts about the 529 industry. Important topics like downward fee trends, program manager rebids, new product developments, and even the Veep’s Task Force, to name just a few. We have our bird’s eye view and we want to share it with you.

So we invite you to follow us on Twitter – 529Source – and to visit this blog frequently. We’ll tell you what we’re thinking and we hope you’ll tell us, too. We need to elevate the college savings conversation – across states, program managers and advisors alike. That’s what we intend to do. Please join us. Read Now>

  • Obama Budget Low on 529 College Savings PlansFebruary 23, 2011

    Last week, President Obama released his proposed FY 2012 budget. In contrast to budgets proposed by President Bush, which included some savings incentives – even those at a potential cost to 529 plans – the Obama budget ignores 529 qualified tuition plans altogether. Instead, the Obama budget makes permanent the features added to Coverdell Education Savings Accounts by the 2001 Economic Growth and Tax Relief Reconciliation Act (which were extended through December 2012 in December 2010).

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  • Attractive 529 College Savings Amendments Introduced…AgainFebruary 16, 2011

    No fancy titles for this blog. Just a simple statement of fact – Congress again has the opportunity to amend Section 529 in extremely positive ways. Congresswoman (and former Kansas State Treasurer) Lynn Jenkins (R-KS) has teamed up with Congressman Ron Kind (D-WI) to sponsor the “Savings Enhancement for Education in College Act,” which was filed cleverly enough to garner the bill number “HR 529.” The bill is important for two reasons.

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  • Winners in the College Savings Super BowlFebruary 03, 2011

    You may wonder how this relates to college savings (since I know so little about the NFL). It’s pretty simple: when you are evaluating several different 529 plans, and you get to the final decision – that is, you are down to two or even four final plans – you really can’t go wrong as long as you’ve vetted them all equally along the way. And “vetting them” means considering a host of factors including whether your own state offers a 529 plan with benefits for its residents alone, the level of fees charged, your exposure to the investment manager (particularly if you have other investments with the same manager), and the breadth of investment options for you to choose from.

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