Asset Building Briefs & Summaries Financial Inclusion

College Savings Plans: Investment Options, Safety, and Policy Implications

With recent stock market decline, balances in many college savings (529) plans have also declined. Investment options such as money market funds or FDIC-insured CDs are gaining attention, and questions are being raised about the safety of 529 savings plan investments. This brief provides information on 529 savings plan investment options and safety as well as policy implications.

Project: College Success


Clancy, M., & Jovanovich, J. (2009, June). College savings plans: Investment options, safety, and policy implications (CSD Policy Brief No. 09-18). St. Louis, MO: Washington University, Center for Social Development.