State Farm 529 to revise investment menu and account fees
The State Farm College Savings Plan will be making changes to its menu of investment options effective March 26, 2007. The underlying fund for each option will now consist of one of the AIM Allocation Funds (funds-of-funds). The number of Enrollment-Based Portfolios is being reduced from seven to five.
In addition, the $25 annual account fee will now be reduced to $5 for any account with a balance of between $25,000 and $49,999 (and waived above that level) as of the December fee assessment date and for any account enrolled in the Systematic Contribution Plan.
Return to 529 News centerIn addition, the $25 annual account fee will now be reduced to $5 for any account with a balance of between $25,000 and $49,999 (and waived above that level) as of the December fee assessment date and for any account enrolled in the Systematic Contribution Plan.