Tag: Kyle Andersen

RELEASE: Edward Jones’ seventh annual study finds that only one-third of Americans know what a 529 Plan is

ST. LOUIS /PRNewswire/ — A recent study by financial services firm Edward Jones found that the majority of Americans (71 percent) still do not know what a 529 plan is. Only 29 percent of respondents could correctly identify a 529 plan as an education savings tool (down from 32 percent of Americans in 2017) among four potential options, including a retirement savings plan, a form of life insurance, or a low-cost health plan (17 percent, 11 […]