Asset Allocation and Section 529 Plans
Ramon P. DeGennaro
University of Tennessee, Knoxville - Department of Finance
FRB of Atlanta Working Paper No. 2003-1
Previous research has concluded that prespecified asset allocations used by many Section 529 college savings plans are suboptimal. We extend this research to show that though it may be true, it is true for reasons other than those asserted in previous research. In addition, it tends to deflect attention from other investment options and strategies.
Number of Pages in PDF File: 12
Keywords: Asset, Allocation, College, Savings, Taxes
JEL Classification: G11, G20, G29
Date posted: April 2, 2003
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