Additional Authors

Miller, Rebekah; Lassar, Terry

Publication Date

11-16-2009

Summary

As college savings plans have gained in popularity and matured over the years, states have developed a number of innovations to facilitate access to and participation in 529s. This paper examines innovations in streamlined enrollment, pre-selected investment, and default investment in Alaska’s college savings plan. These 529 innovations—intended to facilitate greater participation, especially amongst low- and middle-income families—could play a more important role in other states to encourage savings for postsecondary education.

Document Type

Policy Brief

Category

Financial Inclusion

Subarea

Asset Building

Original Citation

Clancy, M., Lassar, T., & Miller, R. (2009, November). Streamlined enrollment and default investment: Innovations in Alaska's College Savings Plan (CSD Policy Brief No. 09-65). St. Louis, MO: Washington University, Center for Social Development.

DOI:

https://doi.org/10.7936/K70K283H

Project

College Success

Keywords

529, CDA, child development account, child savings, child savings account, college savings, college savings plan, state policy

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