Fernando de Querol Cumbrera
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Get in touch with us nowThe assets of section 529 college savings plans in the United States varied a lot from one state to another in the second quarter of 2023. Virginia was the U.S. state with the highest assets value, amounting to over 90 billion U.S. dollars. By contrast, Hawaii was the state with the lowest assets value, amounting to less than 101 million U.S. dollars.
The 529 plan is a tax-advantaged college savings plan designed to encourage families and individuals to save for future education expenses.
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