Upromise and Vanguard to take over Idaho 529
InvestmentNews reports that Idaho has finalized an agreement with Upromise and Vanguard to take over management of the Idaho College Savings Program and its $113 million. The current program manager, TIAA-CREF, had decided not to bid for the new contract. TIAA-CREF's term as program manager had previously been extended to April 30, 2007 to give the state sufficient time to find a replacement.
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