529 Dash, Required Reading for Your 529 Education: 
The goal of the 529 Dash is to help institutions and financial professionals who help families and employers in the education financial planning process by creating and sharing industry relevant news, product training, market data and best practices, while also building awareness and understanding of the importance of 529 plans and ABLE accounts.

Please Read, Engage and Share.

Paul Curley, CFA
Associate Director
529 & ABLE Solutions, ISS Market Intelligence
paul.curley@issmarketintelligence.com
Twitter: @PaulCurleyBC

Here is what you need to know from stories, research, and data released this week:

• 529 Insiders, “Target Market Analysis 2024: Trend of Parents Using 529s in 2024 vs 2017-2019.” Editor’s Take: What percentage of parents save for education with 529s in 2024, and how does that compare to pre-COVID levels in 2017, 2018, and 2019? Click the link to learn more.
• 529 Insiders, “Status Board: State Income Tax Treatment on 529 Distributions to Roth IRAs.” Editor’s Take: Washington, D.C., was updated from “Not clear or decision pending” to “529 Distributions to Roth IRAs are NOT a Qualified Expense from a State Income Tax Recapture Perspective for Residents in and Taxpayers to those states” due to reflect the plan disclosure supplement dates July 2024 – ES-DC-SUP-072024. This status board is for informational purposes only based on publicly available information as of publication date, and you and your clients are responsible for determining the eligibility of a 529 distribution to a Roth IRA rollover. This article will be updated over time as more information becomes available. Current status board available in the link.
• ISS Market Intelligence, “529 Day Webinar: Top Trends in 529 in 2024.” Editor’s Take: Hosted by Paul Curley, Director of 529 & ABLE Research at ISS MI, and Trisha Good, Executive Director of Ohio’s 529 Plan, CollegeAdvantage, ISS MI’s Q2 2024 529 & ABLE webinar provided:
  • Key themes impacting the 529 industry in 2024 including 529-to-Roth IRA Rollovers
  • 529 & ABLE market sizing trends and talking point in Q1 2024
  • 529 reminders, tips and best practices
    529 & ABLE industry announcements and product enhancements
  • Click the link to watch the replay from 529 Day 2024, and thank you Trisha Good, Ohio Tuition Trust Authority and attendees for your collaboration and insight.
• 529 Insiders, “1Q 2024 529 & ABLE market sizing highlights.” Editor’s Take: What was the 529 and ABLE market sizing as of 1Q 2024 (March 31, 2024)? Click the link to learn more.

• Registration: Now open here with the early bird rate open until June 26, 2024
• Dates: September 30, 2024 – October 2, 2024
• Location: Ritz-Carlton Orlando, Grande Lakes, Florida; Hotel Room Block available here
• Welcome Reception: Sunday, September 29, 2024
• 529 Essentials Seminar: Monday, September 30, 2024
• Agenda Updates: 
  • Kim DeDominicis, Portfolio Manager, T. Rowe Price, has been confirmed as a speaker on the “Investment Line-Up Trends and Outlook” 529 Conference panel.
  • Tricia Scarlata, Executive Director, Head of Education Savings, J.P. Morgan Asset Management, has been confirmed as a speaker on the “Product Strategy, Trends and Outlook” 529 Conference panel.
  • Richard Ellis, Executive Director, my529, has been confirmed as a speaker on the “State’s Perspective on Industry Trends and Building Momentum” 529 Conference panel
  • Chuck Ranney, Vice President – Mutual Funds, CEFs & 529 Plans, Ameriprise Financial, has been confirmed as a speaker on the “National Broker-Dealer’s View on Product, Marketing and Distribution Strategies” 529 Conference panel.
  • Richard Polimeni, Managing Director, Head of Education Savings Programs, Investment Solutions Group, Bank of America Merrill, has been confirmed as a speaker on the “National Broker-Dealer’s View on Product, Marketing and Distribution Strategies” 529 Conference panel.
  • Rob Forshée, Product Manager, Wealth Management Client Group, Capital Group, has been confirmed as a speaker on the “Product Strategy, Trends and Outlook” 529 Conference panel.
  • David Bell, Vice President, Vestwell, has been confirmed as a speaker on the “Product Strategy, Trends and Outlook” 529 Conference panel.
  • Edward Kaminski, Corporate Vice President – Business Consultant, New York Life Stable Value, has been confirmed as a speaker on the “Investment Line-Up Trends and Outlook” 529 Conference panel.
• 529 Essentials Session Titles (September 30th): 
  • Opening Remarks
  • 529 Primer & Landscape
  • Federal Tax & Regulatory Framework
  • Networking Refreshment Break sponsored by Catalis
  • Plan Governance & Administration Best Practices
  • Structuring & Evaluating the Investment Lineup
  • Municipal Rulemaking & Advertising Regulation Overview
  • 529 Stable Value 101
  • Networking Refreshment Break sponsored by Pacific Life
  • The College Finance Landscape
  • Comparing College Savings Vehicles: How do 529s Stack Up?
  • Reception brought to you by Prudential Stable Value
• 529 Conference Session Titles (October 1st and 2nd):
  • Breakfast sponsored by Capital Group | American Funds
  • Chair’s Welcome and State of the 529 Industry
  • State’s Perspective on Industry Trends and Building Momentum
  • Networking Refreshment Break sponsored by John Hancock
  • Product Strategy Trends and Outlook
  • Lunch sponsored by T. Rowe Price
  • Consumer Behavior and Direct-Sold Marketing Strategies
  • Alternative Payments, Emerging Trends and Opportunities
  • Networking Refreshment Break sponsored by MFS
  • 529 Stable Value for 529s
  • National Broker-Dealers View on Product, Marketing & Distribution Strategies
  • ABLE Industry Update
  • Investment Line-Up Trends and Outlook
  • Networking Refreshment Break sponsored by Flywire
  • Top-5 Education Financial Planning Strategies
  • 529 & ABLE Outlook