DC 529 College Savings Program (Advisor-sold) is no longer available
Click here to see other District of Columbia 529 plans.
In March 2017, Ascensus College Savings took over the management of the DC 529 College Savings Program from Calvert Investments. The plan features a menu of age-based and static portfolio options utilizing investments from BlackRock, Vanguard, Loomis Sayles, JP Morgan, Dimensional Fund Advisors (DFA), Schwab, and Ameritas Life. To find a financial advisor in your area, use the Directory of Financial Professionals.
- Program typeSavings
- Inception2002, changed substantially in 2017
- State agencyDistrict of Columbia College Savings Program Trust
- Tax deduction
- Program ManagerAscensus College Savings
- Program distributorAscensus College Savings
Investment Options
Investors in DC 529 College Savings Program (Advisor-sold) can select from the following investment options. Click on a portfolio name for more information.
Sometimes referred to as the enrollment-based option, this is an investment approach where your asset allocation is programmed to change over time. Accounts for young beneficiaries are invested aggressively and accounts for beneficiaries with college right around the corner are invested much more conservatively. In some 529 plans, the age-based option operates by automatically transferring your investment from one static portfolio to another at certain points in time. Others utilize lifecycle funds or employ lifecycle-type tactics within the portfolio containing your investment so that it is not necessary to transfer your investment between portfolios.
