T. Rowe Price College Savings Plan and Alaska 529 to enhance investment options and reduce fees
T. Rowe Price and the Education Trust of Alaska announced the rollout of investment enhancements and reduced fees on the T. Rowe Price College Savings Plan and Alaska 529, which will be available to college savers nationwide this November and will be fully phased in through 2021.
The investment enhancements include increasing equity diversification in the enrollment-based portfolios and converting underlying funds in all portfolios to a lower-cost share class where possible. Once fully phased in, the changes will result in an expected 8.2% reduction in expenses and save account holders the equivalent of $1.7 million annually.
Return to 529 News centerThe investment enhancements include increasing equity diversification in the enrollment-based portfolios and converting underlying funds in all portfolios to a lower-cost share class where possible. Once fully phased in, the changes will result in an expected 8.2% reduction in expenses and save account holders the equivalent of $1.7 million annually.