Wisconsin and Voya Investment Management reduce fees on Tomorrow’s Scholar 529 Program

Wisconsin’s Department of Financial Institutions announced today that it has reduced its State fee on its Tomorrow’s Scholar 529 program to six basis points – a 40 percent reduction in fees since 2018.

In addition, Voya Investment Management, the asset management business of Voya Financial, Inc. and the Program’s manager reduced its age-based fees by an average of 4 percent.
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