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529 News

West Virginia launches new 529 with Dimensional

(September 27, 2004) - The state of West Virginia and Hartford Life have launched a new direct-sold 529 plan using funds from Dimensional Fund Advisors. Age-based and static asset allocation investment options are offered. The program is open to residents everywhere, although West Virginia residents gain some state tax and other breaks. Total expenses in the program range from 0.88% to 1.16% plus a $25 account maintenance fee that is waivable under certain conditions.

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