CollegeChoice 529 Direct Savings Plan

Fee Score

Performance

This is a Top 10 Plan
This is a Top 10 Plan
enroll now
60,726 Clicked to Enroll

CollegeChoice 529 Direct Savings Plan

This is a Top 10 Plan
enroll now
60,726 Clicked to Enroll

In September 2008, Upromise Investments, Inc., which was acquired by Ascensus College Savings in 2013, took over the management of the Indiana CollegeChoice 529 Direct Savings Plan from JPMorgan, and it now features a year of enrollment option using Vanguard index and Loomis Sayles funds, seven individual portfolios using a variety of investment managers, and an FDIC-insured savings account from NexBank. Accounts can be linked to the Upromise Rewards service.

Fee Score

4.5 / 5

Performance

4 / 5
  • Program type
    Savings
  • Inception
    1997, but substantially changed in 2008
  • State agency
    Indiana Education Savings Authority (IESA)
  • Tax deduction
  • Program Manager
    Ascensus College Savings
  • Program distributor
    Ascensus College Savings

Investment Options

Investors in CollegeChoice 529 Direct Savings Plan can select from the following investment options. Click on a portfolio name for more information.

Age Based Investment Optionsaccordion open icon

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.

PortfolioE.R.% Equity1YR PerformanceRank
2021 Enrollment Portfolio0.36%23.06%8.45%8 of 78
2024 Enrollment Portfolio0.38%33.33%12.68%8 of 120
2027 Enrollment Portfolio0.39%43.37%16.4%46 of 120
2030 Enrollment Portfolio0.39%57.5%21.14%10 of 92
2033 Enrollment Portfolio0.37%72.5%27.22%30 of 72
2036 Enrollment Portfolio0.35%83.34%32.59%3 of 35
College Portfolio0.35%15%7.51%31 of 122
Static Investment Optionsaccordion close icon
Individual Investment Optionsaccordion close icon
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