Scott Morrison, head of product at Saving for College shares insights on 529 college savings plans in 2025. Highlighting the growth of the market to over $500 billion with 16 million accounts today, he notes that only 15% of U.S. households currently use 529 plans. Scott explains recent legislative Big Beautiful Bill expansion allowing 529 funds to cover K-12 tuition (increasing to $20,000/year in 2026), registered apprenticeships, workforce training, and student loan repayment.
Scott will also discuss "Trump accounts," newly introduced conservative investment accounts for education savings with limits and upcoming regulations, contrasting them with 529s, as well as detailing new provisions enabling leftover 529 funds to roll over tax-free into Roth IRAs under a number of strict conditions that advisors should be aware of.
*CE/CPE Eligible: 1.0 CE credit(s) is(are) available to FEN Members with these designations: CFP, IAR, CLU, ChFC and RICP. CPA members will earn 1.0 CPE credit(s).
Field of Study: Specialized Knowledge
Prerequisites: There are no prerequisites for this session.
Advanced Preparation: None
Program Level: Basic
Delivery Method: Group Internet Based
NASBA Approved
Financial Experts Network (Sponsor Id#: 145173) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.