The DC College Savings Plan is managed by Ascensus College Savings. Ascensus succeeded Calvert Investments as program manager in March 2017. 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. The program was formerly sold nationally through financial advisors and on a load-waived basis to District of Columbia residents. The plan is now sold nationally on a direct-sold basis only.
- 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
Investors in DC College Savings Plan 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.
|Portfolio||E.R.||% Equity||1YR Performance|
|DC College Savings 2037 Portfolio||0.34%||72.51%||11.58%|
|DC College Savings 2040 Portfolio||0.34%||90%||14.23%|
|DC College Savings 2043 Portfolio||0.34%||90%||N/A|
|DC College Savings 2025 Portfolio||0.33%||16.51%||3.52%|
|DC College Savings 2028 Portfolio||0.34%||27.5%||4.87%|
|DC College Savings 2031 Portfolio||0.34%||42.51%||7.02%|
|DC College Savings 2034 Portfolio||0.34%||57.5%||9.29%|
|DC College Savings In College Portfolio||0.31%||10%||3.27%|