Tennessee reportedly closing its 529 plan

An article in Defined Contribution & Savings Plan Alert reports the decision by Tennessee state officials to close its 529 savings plan and transfer assets to Georgia's 529 program. Both plans are currently managed by TIAA-CREF. This would be the first plan to follow in the footsteps of Wyoming which closed its 529 plan last year but simultaneously entered into an agreement with Colorado's 529 to accept Wyoming investors on favored terms.
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