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529 News
Utah 529 lowers fees, adds customized age-based option
(July 26, 2011) - The Utah Educational Savings Plan Trust, a 529 savings plan, is lowering its program management fees from 0.22% to 0.20%, a 9.1% reduction for nine of its twelve investment options.
A new Customized Age-Based investment option will allow the account holder to design his/her own investment glide path using the available UESP underlying investments. When the beneficiary qualifies for the next preset age bracket, the investment money will automatically reallocate according to the account owner’s customized allocation.
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