529 News

Recent Plan News

Utah 529 lowers fees, adds funds and investment options

(June 18, 2013) - The Utah Educational Savings Plan has announced a reduction in its Administrative Asset Fee on its age-based and static investment options. The fee is being lowered an average of 10% to a range of 0.14% to 0.18%, effective June 21, 2013.

The plan is also expanding the underlying funds offered in its Customized Age-Based and Customized Static investment options to include mutual funds managed by Dimensional Fund Advisors.

Finally, USEP has announced the introduction of two new static investment options.

Maine NextGen College Investing Direct-sold plan issues request for program manager

(May 22, 2013) - The Finance Authority of Maine has issued a Request for Responses (RFR) to select a new Program Manager for the NextGen College Investing Plan -- Client Direct Series.

The plan's current program management contract with Merrill Lynch will expire on March 14, 2014.

The deadline for interested firms to submit their RFR is July 1, 2013.

For more information, click here.

New Mexico Scholar's Edge 529 adds investments and rebalancing tool

(May 13, 2013) - Scholar's Edge adds new individual portfolios, "Portfolio Allocator" option

New Mexico's Scholar's Edge 529 program has announced the addition of fifteen new individual portfolios to the Custom Choice option, allowing plan participants the ability to mix and match a wider array of portfolio options.

In addition, Scholar's Edge has introduced the Portfolio Allocator feature, which gives plan participants the opportunity to implement an asset allocation strategy and have their accounts automatically rebalanced every quarter.

These changes were announced at the same time a revamped Scholar's Edge website was rolled out and a new advisor-oriented microsite, AdvisorsEdge529.com, was introduced.

More Plan News

"Alabama Supreme Court upholds reduced rates for PACT" (04/22/2013)
Mississippi Affordable College Savings Advisor Program to be terminated (03/27/2013)
Iowa selects ING to manage advisor 529 (03/05/2013)
Michigan MESP lowers fees, adds investment options (11/14/2012)
"MS State Treasurer says plan still frozen, audit results awaited" (11/12/2012)
Arkansas iShares 529 adds portfolios (10/29/2012)
Arkansas GIFT 529 plan adds savings option (10/15/2012)
College Counts Advisor-sold plan adds portfolios (10/11/2012)
Virginia College America adds target date options (09/14/2012)
Colorado's Scholars Choice adds new portfolios (09/05/2012)
College Savings Iowa Announces New Lower Fees (08/01/2012)
NextGen Direct reduces fees (07/02/2012)
NextGen Select lowers fees (07/02/2012)
New York's College Savings Program - Direct Plan signs new contract, reduces fees (05/07/2012)
Virginia CollegeAmerica 529 to add target date options from American Funds (04/30/2012)
Iowa advisor 529 seeking Upromise replacement (04/12/2012)
Lonestar 529 Plan will add new money market portfolio (02/29/2012)
Texas College Savings Plan will add new money market portfolio (02/29/2012)
Oregon College Savings Plan management fee reduced (02/29/2012)
Applications for Missouri 529 matching contributions available March 1 (02/20/2012)
SSgA joins Upromise on Nevada 529 plan (02/14/2012)
NextGen Direct to add Savings Portfolio (02/01/2012)
CollegeSure® 529 Plan adds new FDIC-insured product option (01/31/2012)
CollegeChoice CD 529 Savings Plan adds new FDIC-insured product option (01/31/2012)
"College Illinois suspends prepaid tuition sales as new chairman plots fixes" (12/13/2011)
IDeal adds Savings Portfolio (12/07/2011)
Oregon College Savings Plan to reduce fees (11/28/2011)
Illinois Bright Directions CSP lowers program management fee (11/01/2011)
North Carolina 529 Plan reduces fees, adds Vanguard portfolios (10/31/2011)
Minnesota 529 eliminates matching grant program (10/20/2011)
NEST Advisor Plan adds savings option (10/17/2011)
NEST Direct plan adds savings option (10/17/2011)
InvestEd 529 changes name to include Ivy Funds (10/11/2011)
CollegeInvest lowers administrative fee for the Direct Portfolio College Savings Plan (10/05/2011)
Fidelity adds multi-manager option in MA UFund (10/04/2011)
Fidelity adds multi-manager option in AZ 529 plan (10/04/2011)
Fidelity adds multi-manager option in DE 529 plan (10/04/2011)
Fidelity adds multi-manager option in NH UNIQUE (10/04/2011)
CollegeBoundfund National plan adds new age-based investment strategy (09/19/2011)
CollegeBoundfund Rhode Island plan adds new age-based investment strategy (09/19/2011)
Oklahoma Dream 529 Revises Investment Options (08/03/2011)
Judge approves Alabama PACT settlement (08/02/2011)
Utah 529 lowers fees, adds customized age-based option (07/26/2011)
iShares 529 Plan adds Savings Portfolio (07/25/2011)
Path2College 529 Plan Lowers Fees (07/20/2011)
MOST - Missouri's 529 Advisor Plan Relaunched (06/06/2011)
MOST - Missouri's 529 College Savings Plan Relaunched (06/06/2011)
VHEIP Lowers Fees (05/23/2011)
Columbia 529 assets in Nevada to move to Putnam (02/07/2011)
Columbia 529 assets in Nevada to move to Putnam (02/07/2011)
Alabama PACT suit proceeds as class action (01/04/2011)
"Oregon College Savings Plan gets some tweaks" (12/22/2010)
CHET reduces management fee and adds new investment options. (12/07/2010)
Tennessee BEST program discontinues sale of new units. (11/22/2010)
Michigan Education Savings Program (MESP) reduces fees (11/10/2010)
Florida Prepaid College Plans is introducing a new plan option (10/18/2010)
Nevada College Savings Plans Program Fund Cuts Fees (09/28/2010)
College Savings Iowa lowers fees (09/23/2010)
Scholars Choice enhanced its program this fall (09/07/2010)
New York's College Savings Program - Direct Plan reduces fees (08/30/2010)
Independent 529 Plan changing its pricing (07/14/2010)
Pennsylvania 529 Investment Plan announced lower fees (07/13/2010)
MOST - Missouri's 529 College Savings Plan (Direct-sold) lowers fees (07/13/2010)
University of Alaska College Savings Plan reducing fees (06/29/2010)
T. Rowe Price College Savings Plan reducing fees (06/29/2010)
College Savings Plans of Maryland - College Investment Plan reducing fees (06/29/2010)
Texas College Savings Plan adds new investment options (06/21/2010)
Alabama legislature passes fix for PACT (04/26/2010)
Virginia 529 reduces admin fees (04/14/2010)
North Carolina 529 adds federally-insured option (04/14/2010)
New Mexico direct 529 adds index options (04/12/2010)
Oregon completes transition to TIAA-CREF (03/24/2010)
Nevada's Upromise 529 offering $300 match to income-eligible families (03/04/2010)
Lower fees, more options for Oklahoma 529 (03/01/2010)
OppenheimerFunds to take over management of I-529 (02/23/2010)
Utah 529 reduces expenses, adds customized investment option (02/01/2010)
Ohio plan eliminates stable value option (01/28/2010)
Alabama prepaid proposal would remove tuition guarantee (01/06/2010)
New Jersey's NJBEST expands options, will reduce fees (12/22/2009)
Arizona and College Savings Bank extend 529 contract (12/16/2009)
AZ: Fidelity cuts 529 manager fee (12/02/2009)
DE: Fidelity cuts 529 manager fee (12/02/2009)
MA: Fidelity cuts 529 manager fee (12/02/2009)
Colorado reduces fees 31% in Direct 529 (11/30/2009)
Learning Quest Advisor discontinues sale of B units (11/30/2009)
Texas changes mind on refund policy changes (11/23/2009)
Kentucky 529 reduces fees, adds new option (11/17/2009)
Maine's NextGen Select adding investment managers (11/09/2009)
Upromise 529 lowers expenses (10/23/2009)
Colorado's Scholars Choice now offers zero-coupon Treasuries (10/15/2009)
Virginia 529 adds socially targeted option (10/12/2009)
Virginia's CollegeWealth 529 to add BB&T bank option (09/27/2009)
Money market to replace stable-value option (09/22/2009)
PA guaranteed savings to impose new fees (08/21/2009)
Minnesota 529 to lower fees further (08/14/2009)
Oregon selects TIAA-CREF to manage direct 529 (07/24/2009)
Iowa 529 reduces fees (07/02/2009)
Schwab 529 adds money market option (06/30/2009)
Vanguard 529 fees to drop (05/26/2009)
Kentucky 529 to stay with TIAA-CREF (05/26/2009)
Arkansas GIFT 529 reduces expenses (05/24/2009)
Iowa Advisor 529 adds 3 ETF options (05/24/2009)
North Carolina 529 to pare investment options (04/29/2009)
Alabama suspends enrollment in prepaid plan (03/31/2009)
NY Direct 529 launches international fund (03/28/2009)
Independent 529 to replace TIAA-CREF (03/02/2009)
Utah 529 adds FDIC-insured savings option (02/11/2009)
Ohio's direct-sold 529 making changes to investment line-up (01/21/2009)
Minnesota 529 reduces age-based expenses (01/03/2009)
Putnam 529 revises investment line-up (01/03/2009)
OppenheimerFunds replaces AIM as investment manager for State Farm 529 (11/09/2008)
Arizona 529 adds fixed-rate CDs (10/28/2008)
Wisconsin EdVest adds bank CDs and a conservative option (10/02/2008)
New Mexico's Education Plan 529 pares fees, replaces funds (09/29/2008)
Utah 529 drops fees, adds investment option (09/14/2008)
Kentucky to change fee structure, add options (08/19/2008)
Ohio direct-sold 529 revises investment options and fees (08/06/2008)
Missouri 529 to change underlying fund allocations (06/04/2008)
Illinois Bright Directions adds women- and minority-owned managers (04/22/2008)
Oregon's MFS 529 Plan reduces fees (04/16/2008)
Utah looking to provide a bank CD option (04/01/2008)
Montana 529 now offering S&P-linked equity CD (02/14/2008)
New Arkansas 529 plan targets registered investment advisers (01/28/2008)
Illinois Bright Start 529 partners with Futuretrust Rewards (01/02/2008)
Montana adds equity-indexed CD option (12/21/2007)
Georgia 529 changes name, reduces fees (12/11/2007)
Connecticut 529 adds investment options (12/02/2007)
Missouri adviser 529 changes fund line-up, reduces expenses (11/15/2007)
Alabama 529 plan makes changes to investment line-up (11/15/2007)
Alabama 529 plan makes changes to investment line-up (11/15/2007)
Prepaid tuition plan wider now (10/16/2007)
Iowa 529 reduces expenses (09/04/2007)
AZ CollegeSure plan to offer equity-indexed CD (08/21/2007)
Montana CollegeSure plan to offer equity-indexed CD (08/21/2007)
Minnesota 529 is adding options and boosting matching grants (07/30/2007)
Illinois' Bright Start makes switch to OppenheimerFunds (07/25/2007)
Article: Celebrated tuition freeze puts squeeze on college savings fund (07/22/2007)
New Lousiana 529 option adds international component (07/08/2007)
Utah 529 reduces account fees for most (06/29/2007)
Oregon 529 growth triggers fee reduction by OppenheimerFunds (05/09/2007)
Article: TIAA-CREF renews contract with Education Savings Program (04/16/2007)
Upromise and Vanguard to take over Idaho 529 (03/29/2007)
Michigan fees to drop under new TIAA-CREF contract (03/26/2007)
Kansas' Learning Quest 529 to be overhauled (03/26/2007)
OppenheimerFunds to manage Illinois Bright Start 529 (03/12/2007)
Article: CollegeInvest program matches savings plan contributions for qualifying families (02/25/2007)
Maine 529 announces investment and fee changes (02/04/2007)
Fidelity makes enhancements to NH 529 (11/18/2006)
Fidelity makes enhancements to MA 529 (11/18/2006)
Fidelity makes enhancements to DE 529 (11/18/2006)
Fidelity makes enhancements to AZ 529 (11/18/2006)
New restrictions imposed in Ohio's Guaranteed Savings Fund (11/13/2006)
Vanguard dropping fees, adding options, to its Nevada 529 plan (11/09/2006)
Iowa launches adviser 529 with Upromise (10/05/2006)
Upromise takes over administration of TAP plan (08/30/2006)
Pennsylvania TAP eliminates the premium charged on tuition credits (08/19/2006)
Article: Washington tuition deregulation may hurt GET (07/27/2006)
Maryland 529 savings plan reduces expenses (07/10/2006)
Connecticut 529 adds option, reduces fees (06/22/2006)
Michigan expands 529 investment menu (06/16/2006)
Article: Gallatin to provide investment portfolios for MO$T (06/13/2006)
Article: Changes to MO$T give more options (06/08/2006)
Ohio CollegeAdvantage lowers fees (06/01/2006)
Article: Utah's 529 plan helps parents save for college (05/21/2006)
Kentucky 529 adds FutureTrust rewards program (04/24/2006)
Underlying fund expenses increase in Oklahoma (02/18/2006)
Management fees reduced in Connecticut 529 plan (02/18/2006)
Missouri MO$T to switch from TIAA-CREF to Upromise (01/05/2006)
Article: Pennsylvania's TAP guaranteed savings plan evaluated by Moody's (12/04/2005)
Georgia 529 partners with new rebate program (12/01/2005)
Moody's assigns A3 rating to PA's TAP Guaranteed Savings Plan (11/15/2005)
Article: Virginia prepaid plan's price increases (10/08/2005)
Article: KAPT board can access property fund to pay deficit (10/06/2005)
Ohio 529 offers new bank CD and savings account options (09/01/2005)
Virginia's VEST adds Vanguard options, reduces expenses (07/29/2005)
Louisiana offers double-deduction for low-income families (07/13/2005)
NextGen to terminate AIM portfolios (06/20/2005)
Washington's GET prepaid program is modified (05/24/2005)
Michigan 529 changes age-based approach (05/20/2005)
Board approves changes to Wisconsin EdVest (04/27/2005)
Learning Quest 529 adds Vanguard portfolios (03/30/2005)
Wisconsin EdVest to eliminate state admin fee (03/28/2005)
Utah makes changes in wake of 529 plan misappropriation (02/01/2005)
WV SMART529 Select reduces fees (11/02/2004)
Colorado direct-sold accounts moving to new Upromise/Vanguard plan (10/12/2004)
West Virginia launches new 529 with Dimensional (09/27/2004)
Maine's direct-sold NextGen 529 adds new investment options (09/16/2004)
Vanguard announces fee reductions in Nevada 529 (09/02/2004)
OppenheimerFunds takes over as Oregon program manager (08/31/2004)
Ohio 529 launches new Vanguard options (05/24/2004)
Iowa eliminates age requirement (05/01/2004)
Upromise to take over management of Iowa 529 (04/30/2004)
New investment options available in Louisiana using Vanguard (02/24/2004)
Kentucky removes 1% penalty on non-qualified withdrawals (01/09/2004)
Ohio prepaid plan closes to new enrollments (10/10/2003)
Independent 529 Plan to launch in September 2003 (08/22/2003)
Texas prepaid plan to end new enrollments (06/04/2003)
West Virginia prepaid plan closes to new enrollments (03/20/2003)
EdVest drops the Tuition Units option (12/20/2002)