529 News

Recent Plan News

Ohio CollegeAdvantage sees increased rates on 529 CD offerings

(January 11, 2018) - Fifth Third Bank has increased the rates on four different terms of CDs offered by the Ohio CollegeAdvantage 529 plan.

For more information, click here.

South Carolina ABLE plan open for enrollment

(December 20, 2017) - SC ABLE launched on November 16, 2017 and is currently open for enrollment. The plan is a tax-free savings account for South Carolina residents living with disabilities. All contributions are 100% deductible from South Caroline state income tax and you can contribute up to $14,000 in 2017.

College Illinois! 529 Prepaid Tuition Program is closed to new investors

(December 6, 2017) - Enrollment in College Illinois!, the state's prepaid 529 plan, is currently closed as a result of low participation and unfunded liability. The Illinois Student Assistance Commission is hoping to determine a course of action next year to improve the program. Current plan owners will see no change in benefits, plan administration or customer service. This has no effect on the Bright Start and Bright Directions 529 college savings plans.

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