States Scurry To Make 529 College Plans More Attractive
Net flows in 529 college plans were negative in 2005– after a 20% growth spurt in 2004, according to Financial Research Corp. – and now states are scurrying to find ways to attract investors by cutting administrative fees and renegotiating their contracts with fund managers to help pump up competition between investment firms offering the plans, The Wall Street Journal Reports.
March 2, 2006