529 PLANS

529 News

Michigan to retain TIAA-CREF as 529 manager

(January 18, 2007) - Michigan has accepted TIAA-CREF's bid to remain program manager of the Michigan Education Savings Plan, according to The Wall Street Journal. The decision to keep TIAA-CREF is subject to a two-week competitor protest period and final board approval. MESP has 193,000 accounts and $1.5 billion in assets.

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