529 News

Recent Plan News

Oklahoma College Savings Plan reduces program management fee

(May 12, 2017) - Oklahoma announced Thursday that TIAA-CREF Tuition Financing, Inc. has reduced its program management fees from 0.35 to 0.30 effective immediately. The reduction was in response to the plan hitting a pre-determined asset threshold of $750 million for 90 consecutive days.

For more information, click here.

MI 529 Advisor Plan to transition distribution from Allianz to Nuveen

(May 10, 2017) - On or about September 9, 2017 Michigan 529 Advisor will transition its program distribution from Allianz Global Investors to Nuveen Securities, LLC. TIAA-CREF Tuition Financing will continue to serve as program manager, as well as assume the role of Plan Administrator.

Nuveen will be contacting distributors to establish selling agreements. Nuveen and TFI will also be communicating with stakeholders once more details become available.

For current information about the MI 529 Advisor Plan, please contact 866-529-8818.

Mississippi to transition program management from TIAA to Intuition

(May 10, 2017) - On or about the weekend of June 23, 2017 the Mississippi Affordable College Savings (MACS) Program will transition its Program Manager from TIAA-CREF Tuition Financing, Inc. to Intuition College Savings Solutions, LLC. Investment lineup changes are forthcoming. The Board of Directors of the College Savings Plans of Mississippi Trust Funds and Intuition will release additional information in the near future.

For more information, click here.

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