Report: 529 plans look to minimize risk

06/8/2009 | InvestmentNews (free registration)

Section 529 college-savings plans in at least 12 states are considering adding bank products to placate risk-averse parents who are worried about recent stock market declines. "The most appealing investment options in the 529 marketplace over the last several months have been those that appeared to offer some security or comfort to investors who can't quite forget the pain of 2008 market losses," according to a report by AKF Consulting.

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