New York's 529 College Savings Program -- Direct Plan

Fee Score

Performance

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311,082 Clicked to Enroll

New York's 529 College Savings Program -- Direct Plan

enroll now
311,082 Clicked to Enroll

New York's direct-sold 529 college savings plan is available to residents of any state. It offers low fees and diverse investment options featuring Vanguard mutual funds. New York residents may enjoy a state tax deduction for contributions to the plan. There is no minimum contribution to start saving with New York's 529 College Savings Program and you can enroll online in minutes.

Fee Score

4.5 / 5

Performance

3 / 5
  • Program type
    Savings
  • Inception
    1998, but substantially changed in November 2003
  • State agency
    Office of the State Comptroller and the New York State Higher Education Services Corporation
  • Tax deduction
  • Program Manager
    Ascensus College Savings
  • Program distributor
    Vanguard Marketing Corporation

Investment Options

Investors in New York's 529 College Savings Program -- Direct 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 Performance
Target Enrollment 2023 Portfolio0.12%16.42%N/A
Target Enrollment 2024 Portfolio0.12%18.36%N/A
Target Enrollment 2025 Portfolio0.12%20.29%N/A
Target Enrollment 2026 Portfolio0.12%23.43%N/A
Target Enrollment 2027 Portfolio0.12%27.96%N/A
Target Enrollment 2028 Portfolio0.12%34.29%N/A
Target Enrollment 2029 Portfolio0.12%42.63%N/A
Target Enrollment 2030 Portfolio0.12%49%N/A
Target Enrollment 2031 Portfolio0.12%53%N/A
Target Enrollment 2032 Portfolio0.12%57%N/A
Target Enrollment 2033 Portfolio0.12%62%N/A
Target Enrollment 2034 Portfolio0.12%68%N/A
Target Enrollment 2035 Portfolio0.12%74%N/A
Target Enrollment 2036 Portfolio0.12%80%N/A
Target Enrollment 2037 Portfolio0.12%85%N/A
Target Enrollment 2038 Portfolio0.12%89%N/A
Target Enrollment 2039 Portfolio0.12%93%N/A
Target Enrollment 2040 Portfolio0.12%95%N/A
Target Enrollment 2041 Portfolio0.12%95%N/A
Commencement Portfolio0.12%11.6%N/A
Target Enrollment 2042 Portfolio0.12%95%N/A
Static Investment Optionsaccordion close icon
Individual Investment Optionsaccordion close icon
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