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High On Higher Learning

College savings 529 plans are expected to flourish over the next five years, with assets more than doubling over the period.

College savings 529 plans are expected to flourish over the next five years, with assets more than doubling over the period. The high expectation for growth can largely be attributed to the passage of the Pension Protection Act in August, which made the plans' tax breaks permanent and simplified proposed rules on suitability and disclosure.

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