529 News

Recent Plan News

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.

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.

More Plan News


Reset email successfully sent.
Please check your inbox.

page loadtime mark