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529 News
Vanguard announces fee reductions in Nevada 529
(September 2, 2004) - Vanguard has announced changes to its Vanguard 529 Plan sponsored by the state of Nevada, to take effect in October:
-- lowering the expense ratio on many of the individual-fund portfolios to 0.65%
-- eliminating the Long Term Bond Index portfolio option
-- replacing the Prime Money Market option with an Interest Accumulation option
-- committing to a fee reduction on blended-fund portfolios to 0.60%, once total assets in the program reach $1 billion (they were approximately $580 million at July 31, 2004)
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