Press Releases

2022

529 Plans Are Investing Millions to Help Families Of all Incomes and Backgrounds Save for College – December 7, 2022

529 Accounts continue to be opened in 2022 – September 14, 2022

CSPN and CSF support passage of S4103 – May 4, 2022 – Commends Sen. Hassan and Sen. Collins for introducing the Helping Parents Save for College Act.

The College Savings Plans Network Elects New Leadership– January 6, 2022 – Nebraska Assistant State Treasurer Rachel Biar Elected as Chair for 2022

2015

Alabama State Treasurer Young Boozer Elected Chair of College Savings Plans Network – 12-23-15

Statement from CSPN on Passage of 529 Legislation

12/18/2015 – Today, Congress gave final approval to legislation that makes important enhancements to 529 college savings plans. The three provisions, which were contained in H.R. 529 and S. 335, were included as part of a Congressional proposal to restore expired tax provisions.

College Savings Plans Network Mid-Year Report Demonstrates Continued Growth in 529 Plans

9/15/2015 – Investment in college savings continued to grow during the first half of 2015, according to mid-year data released today by the College Savings Plans Network (CSPN), the nation’s leading objective source about Section 529 College Savings and Prepaid Tuition Plans.

A Cause for 529 Celebrations (9 MB)

5/19/2015 – As the cost of higher education continues to rise, May 29th marks National 529 College Savings Day, a day to raise awareness about the importance of saving for college, specifically through 529 plans.

CSPN Statement of Senate Finance approval of S335 (36.9 KB)

4/30/2015 – The Senate Finance Committee approved S. 335, the companion bill to H.R. 529, which was passed with a bipartisan vote by the House of Representatives in February.

CSPN Low/Moderate Income Strategies (285.7 KB)

3/31/2015 – This brochure summarizes what 529 plans are doing to target low and moderate income families to help them save for college.

CSPN Year-End 529 Report Infographic (480.5 KB)

3/03/2015

CSPN Year-End 529 Report (348.6 KB)

3/03/2015

US House Passes HR529 401-20 (35.8 KB)

2/25/2015 – CSPN thanks the House of Representatives for voting to implement these common sense improvements to 529 plans and look forward to now working with the Senate to ensure this measure passes both chamber…
NAST/CSPN statement: Obama to maintain 529 tax incentive (78.1 KB)

1/27/2015

HR 529 Introduced in the 114th Congress (39.9 KB)

1/26/2015 – Congresswoman Lynn Jenkins (R-KS) and Congressman Ron Kind (D-WI) introduced H.R.529, legislation in the U.S. House of Representatives that would make 529 plans more flexible and remove some of the ob…

Statement re 2015 State of the Union Address (79.8 KB)

1/20/2015

2014

CSPN Responds to the State of the Union (45.5 KB)

1/29/2014 – During last night’s State of the Union address, President Barack Obama touched on college accessibility– an issue of mounting concern for Americans. Mr. Obama’s goal is to ensure that “no middle-class…

2013 Year-End 529 Report InfoGraphic (1.3 MB)

3/11/2014

2013 Year-End 529 Report (346.5 KB)

3/11/2014 – Total investment by American families in 529 plans has reached a record level of $227.07 billion. In 2013, total assets in 529 plans grew by $36.4 billion dollars.

2013 Year-End 529 Report Release (1.7 MB)

3/11/2014 – The average 529 account size continues to grow, reaching an all-time high of $19,584 as of December 31, 2013. This is a 14% increase over the past 12 months.

Jenkins & Kind Introduce Legislation to Enhance 529 Plans (52.5 KB)

4/02/2014 – This legislation seeks to make 529 plans more flexible and remove some of the barriers participants may have to saving, including: • Making computers an eligible expense • Allowing for investment c…

529 Day InfoGraphic Release (509.5 KB)

5/21/2014 – Find out what 529 plans across the country are doing to celebrate 5-29 Day on May 29, 2014.

2014 Mid-Year 529 Report (900.7 KB)

9/10/2014

2014 Mid-Year 529 Report Infographic (399.9 KB)

9/09/2014

2014 Mid-Year 529 Report Release (544 KB)

9/09/2014

ABLE Act Release 12.2014 (43 KB)

12/22/2014 – Betty Lochner, chair of the College Savings Plans Network issued the following statement regarding the Achieving a Better Life Experience (ABLE) Act, legislation modeled after 529 college savings plan…

2013

CSPN 2013 Board Member Release (39.4 KB)

1/14/2013

Congress introduces HR 529 (30.1 KB)

2/07/2013

CSPN Statement on the State of the Union Address (42.5 KB)

2/14/2013

2012 Year-end 529 Report (350.5 KB)

3/13/2013

2012 Year-end 529 Report Infographic (321.8 KB)

3/12/2013

2012 Year-end 529 Report Release (50 KB)

3/12/2013

Tips on Gifting to 529 Plans (217.7 KB)

4/30/2013 – Whether they are graduating from kindergarten, elementary school or high school, there is no better way to celebrate a child’s education than with a contribution to their 529 Plan.

Graphic for 529 Day info graphic 2013 (505.5 KB)

5/22/2013

529 Day Release (654 KB)
5/23/2013 – What is your state doing to celebrate 529 Day? CSPN has developed an interactive infographic that answers this question.

2013 Mid-Year 529 Report (1 MB)

9/11/2013 – This report provides trends about 529 Plans through June 30, 2013.

College Savings Month Release (65.8 KB)

9/11/2013 – September Marks a Fresh Chance to Save for College in a 529 Plan

2013 Mid-Year 529 Report Release (29.1 KB)

9/11/2013 – Total Investment in 529 Plans Tops $200 Billion in First Half of 2013

Profile of a 529 Investor (1.2 MB)

12/10/2013 – A national survey was conducted by CSPN via Survey Monkey this past fall. attached is a summary of the responses by 4,470 individuals identified as 529 plan savers.

Profile of a 529 Investor Release (1.7 MB)

12/11/2013

2012

Prepaid Tuition Plans Are 93 Percent Funded (46.7 KB)

2/14/2012 – “New data shows that prepaid tuition plans continue to be a solid choice for families with young children to save for college,” said Betty Lochner, Vice Chair of CSPN.

CSPN Federal Legislative Handout 2012 (765.7 KB)

3/26/2012

2011 Year-End 529 Report Release (38.3 KB)

4/16/2012 – “More than ever before, American families are committing to saving for future education expenses by opening a 529 plan, with 10.7 million open accounts at year-end 2011” said Iowa State Treasurer Mich…

2011 Year-End 529 Report Infographic

4/16/2012

CSPN Encourages Families to Save on 529 Day (147.8 KB)

6/01/2012

2012 Mid-Year Report Release (50 KB)

9/12/2012 – Total investment by American families in 529 plans has reached a record level of $179.02 billion.

2012 Mid-Year 529 Report Infographic (528.1 KB)
9/12/2012

2012 Mid-Year 529 Report (1.6 MB)

9/12/2012

529 Plans: Helping Families Save for Higher Education (11.3 MB)
7/16/2012

2011

Congress Introduces HR 529 (47.6 KB)

7/14/2011 – Congresswoman Lynn Jenkins, (R-KS) and Congressman Ron Kind, (D-WI) recently introduced legislation in the U.S. House of Representatives.

529 Report April 2011 (349.1 KB)

7/14/2011 – The only non-commercial and comprehensive source for information on 529 Plans

2011 5-29 Day Release (420.5 KB)

7/14/2011 – CSPN arms families with facts they need to plan ahead on “5/29 College Savings Day”

2011 Summer Savings Release (55.5 KB)

7/14/2011 – School’s Out, But College is Looming — College Saving Plans Network Encourages Parents to Save During the Summer

CSPN Rings in College Savings Month (54.5 KB)

8/22/2011 – CSPN leadership and corporate affiliates ring NYSE opening bell to kick off 30 Days of College Savings

Video of CSPN Ringing in College Savings Month

8/22/2011

2011 Mid-Year 529 Report Release (32.7 KB)

9/29/2011 – College Savings Plans Network Finds Average 529 Plan Account Balance Increased 26 Percent Over Twelve-Month Period

2011 Mid-Year 529 Report (357 KB)

9/29/2011 – Mid-year 529 Report offering exclusive data on 529 plans finds savings reached record levels last year, continue to climb

2/11/2011

Give the Gift of Higher Education this Holiday Season (31.8 KB)

6/09/2011 – This holiday season encourage friends and family to give children one of the best gifts possible: higher education.

2010

5-29 Day 2010 Release (51.9 KB)

6/07/2010 – When it comes to saving for college, many parents and families don’t know where to start and when they do, they can be quickly overwhelmed with conflicting or misguiding information. On May 29, the Co…

CSPN 529 Report (299.3 KB)

6/07/2010 – The 529 Report is designed to provide the latest information about 529 plans to parents, financial advisors and other key stakeholders who need to make informed decisions on how best to save for colle…

CSPN 529 Report Addendum (176.9 KB)

6/07/2010

CSPN Chair Speaks at Milken Institute (46.8 KB)

6/08/2010

Prepaid 529 Plans Offer Stable Opportunity to Save (50 KB)

6/08/2010

CSPN College Savings Month 2010 National Release (52.3 KB)

9/02/2010

CSPN 529 Report Release 9.23.10 (52.6 KB)

12/08/2010

CSPN 529 Report 9.23.10 (395.7 KB)
CSPN Spring Feature Release (418.5 KB)

2009

CSPN Press Release for HR 1351.3.10.09 (45.2 KB)

3/17/2009

CSPN Press Release 529 plans in stimulus package 2.12.09 (41.6 KB)

3/17/2009

CSPN Press Release 01.07.09 (42.1 KB)

1/08/2009

Don’t Wait for New Year to Start 529 College Savings Plan (36.7 KB)

4/30/2009

Web Site Compares 529 Plans by State or Unique Features (250.5 KB)

4/30/2009 – The College Savings Plans Network has developed a unique 529 plan comparison feature on its newly redesigned Web site, CollegeSavings.org. The comparison tool allows families and financial professiona…

CSPN Matte Release (189.4 KB)

4/30/2009 – A growing number of families are turning to a tax-advantaged investment plan intended to help meet the rising costs of a college education. /// Investing In Your Child’s College Education

New Site Makes it Easy to Find, View & Compare 529 Plans (254.5 KB)

4/30/2009 – To help families prepare for the growing financial challenge of funding a college education, the College Savings Plans Network (CSPN) – a non-profit association representing 529 plans – is launching a…

2008
2007

Pension Protection Act of 2006 (107.2 KB)

2/05/2007 – President Makes Federal Tax Exemption for Section 529 College Savings Plans Permanent

Congress approves 529 plan permanency (35.8 KB)

2/05/2007 – NAST and CSPN Applaud Congress for Improving Section 529 College Savings Plans

Senate support grows for making 529 tax exemption permanent (107.3 KB)

2/05/2007 – Bipartisan Senate Support for Making Section 529 Plan Tax Exemption Permanent Reaches Extraordinary Level

Support Grows for Continuing Section 529 Plan Tax Exemption (107.3 KB)

2/05/2007

MSRB / NASD release joint statement on 529 sales (105.7 KB)

2/05/2007 – NAST and CSPN Commend MSRB/NASD Joint Statement on 529 Plan Sales

Deficit Reduction Act of 2005 (105.5 KB)

2/05/2007 – NAST and CSPN Applaud the President and Congress for Improving Section 529 College Savings Plans

Jackie Williams picked to lead CSPN (130.2 KB)

2/09/2007 – Jacqueline T. Williams, executive director of the Ohio Tuition Trust Authority, has been named chairperson for the College Savings Plans Network

Milestone of Support for 529 Plan Tax Legislation (108.8 KB)

2/09/2007 – 150 members of Congress have signed on as co-sponsors to bipartisan legislation that will make permanent the important tax incentives currently offered under Section 529 plans

States seek relief for college students impacted by Katrina (118.2 KB)

2/09/2007 – CSPN sent a list of proposals to the administration and Congress that would provide victims of Hurricane Katrina tax relief as they seek to rebuild their lives.