CollegeInvest Enhances 529 Offering with Assets to be Managed by Nuveen, the Investment Manager of TIAA

CollegeInvest announced today multiple enhancements to its advisor-sold 529 college savings plan.

Beginning today, the Scholars Choice Education Savings Plan, a 529 plan offered through financial professionals, will be distributed by Nuveen, providing college savers with the benefit of best-in-class funds from Nuveen and a select group of fund managers alongside TIAA’s expertise in 529 plan management. The Plan currently holds $5.5 billion in assets and 177,700 accounts.

Updates include significantly expanded contribution limits, lower fees and access to a broader range of investment portfolios and asset classes
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