TIAA-CREF may increase fund expenses
A MarketWatch news report indicates that TIAA-CREF is seeking SEC and shareholder approval to increase the expenses in the institutional funds utilized in its 529 savings programs.
It should be noted that many of the 529 plans currently managed by TIAA-CREF impose a flat all-in fee, and the underlying mutual fund expenses would presumably not impact the cost to the plan participant.
For more information, click hereReturn to 529 News centerIt should be noted that many of the 529 plans currently managed by TIAA-CREF impose a flat all-in fee, and the underlying mutual fund expenses would presumably not impact the cost to the plan participant.