529 News

Recent Plan News

Future Scholar Advisor-Sold 529 to amend share class structure

(August 10, 2016) - Effective September 1, 2016, breakpoint schedules for for new accounts are eliminated for A share purchases below $400,000. C shares purchased on or after September 1, 2016 will automatically convert to A shares after five years.

Account Owners' Fees Decreased As CHET's Assets Grow To More Than $2.5 Billion

(June 8, 2016) - Connecticut State Treasurer Denise L. Nappier announced a reduction in the management fee of the Connecticut Higher Education Trust (CHET), now that the direct-sold plan has surpassed $2.5 billion in assets.

ScholarShare 529 Plan reduces fees 20%

(June 3, 2016) - ScholarShare, California's 529 college savings plan, today announced it will reduce its program management fee for account owners,from 0.05 to 0.04 percentage points."

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