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Recent Plan News
Washington state suspends popular GET college savings program
(August 20, 2015) - Washington state will suspend sales of prepaid college tuition units in the GET program – for as long as two years while the group overseeing them wrestles with the downside of what many Washington lawmakers saw as a major legislative success: lower tuition at state colleges.
VSAC selects Intuition College Savings Solutions to manage Vermont 529 Plan
(August 17, 2015) - Vermont Student Assistance Corp. has selected Intuition College Savings Solutions to manage the Vermont Higher Education Investment Plan, the state’s 529 college savings plan. Under the contract with Intuition, VHEIP accounts will automatically transfer by Sept. 14, 2015.
CollegeAdvantage Direct Plan fees will be reduced
(June 1, 2015) - The Ohio Tuition Trust Authority announced that effective June 19, the program fee (OTTA Fee) for all CollegeAdvantage Direct Plan investment options will be reduced from 0.04% to 0.02%.The reduced fee is a result of program growth and efficiencies realized through administrative service changes implemented in 2013. These changes include an exchange of assets to improve five investment options to either more directly reflect a particular asset class or to lower account owner investment costs; the addition of a new investment option; and enhancements to the Ready-Made Age-Based and Ready-Made Risk-Based Portfolios. Changes to the investment offerings will also further reduce the total average cost of investment options from 0.31% to 0.27%.