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529 News

Recent Plan News

OTTA issues RFI for investment consulting and actuarial services for CollegeAdvantage

(February 6, 2017) - Ohio Tuition Trust Authority (OTTA) issued Requests For Information (RFIs) for investment consulting services and actuarial consulting services for CollegeAdvantage, Ohio’s 529 College Savings Program. Responses are due by Monday, Feb. 13, 2017.

For more information, click here.

Maryland College Investment Plan renews program manager contract with T. Rowe Price

(January 27, 2017) - The Maryland College Investment Plan has renewed its contract with T. Rowe Price, extending the program manager's term through 2024. As part of the renewal, a reduction in the overall program fee has been announced that will go into effect on July 1, 2017. The fee will be reduced from 0.13% to 0.05%, eliminating the $10 account holder fee. Other enhancements will include improved online account holder experience, online gifting center, Smartvideo, Online employer benefit solution and additional literacy tools and content.

For more information, click here.

Changes may be in store for Virginia's prePAID plan

(November 9, 2016) - The state agency that administers the Virginia prePAID plan is exploring changes that would limit the plan's benefits on future contracts. With the changes, all new contracts would cover the weighted average of tuition and mandatory fees at a Virginia university. The current contract guarantees payouts for the entire cost of attending a Virginia 4-year or 2-year school.

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