Maryland 529 may not fix calculation errors until late 2023, director says

Fixes to a state education financing agency that has come under fire in recent months may not come until late 2023, according to its executive director. Almost 500 account holders who invested in a prepaid college savings plan with Maryland 529 have reported being unable to access their money since spring 2022 or have received far lower payments than anticipated. That’s sparked two recent General Assembly committee hearings and calls for state officials to investigate.