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New York's 529 College Savings Program -- Direct Plan
Fee Score
5 of 5
Performance
5 of 5
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224,103 clicked to enroll
General Information

New York's 529 College Savings Program -- Direct Plan
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.
Our RatingixThis is a program that offers outstanding flexibility, attractive investments, and additional economic benefits (such as generous state tax incentives) that for some people, at least, will provide a substantial boost to their savings. There are few, if any, weaknesses noted in the program.Close
This is a program that offers outstanding flexibility, attractive investments, and additional economic benefits (such as generous state tax incentives) that for some people, at least, will provide a substantial boost to their savings. There are few, if any, weaknesses noted in the program.
Close
5 of 5
Fee ScoreixThe fee score is derived from the analysis of costs done as part of Savingforcollege.com's 5-Cap Rating. This analysis compares total average asset-based expenses of the plan to other 529 savings plans. See the methodology for more information.Close
The fee score is derived from the analysis of costs done as part of Savingforcollege.com's 5-Cap Rating. This analysis compares total average asset-based expenses of the plan to other 529 savings plans. See the methodology for more information.
Close
5 of 5
PerformanceixThe performance score is derived from the analysis of performance as part of Savingforcollege.com’s 5-Cap Rating. See the methodology for more information.Close
The performance score is derived from the analysis of performance as part of Savingforcollege.com’s 5-Cap Rating. See the methodology for more information.
Close
5 of 5
enroll now
224,103 clicked to enroll
- Program typeSavings
- Inception1998, but substantially changed in November 2003
- State agencyOffice of the State Comptroller and the New York State Higher Education Services Corporation
- Tax deduction
- Program ManagerAscensus College Savings
- Program distributorVanguard Marketing Corporation
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.
Use the form below to filter through the investment options in this plan
Child age
Max Expense Ratio:2.5%
0
Age Based Investment Options
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.
Static Investment Options
This refers to an investment option that is not programmed to change over time. The individual fund portfolio and multi-fund portfolio described below are static options. So are many portfolios that do not use mutual funds, such as stable-value options, guaranteed options, CD options, etc.
Portfolio | E.R.ix Expense Ratio Close | % Equity | 1YR Performance | Rank |
---|---|---|---|---|
Conservative Growth Portfolio | 0.13% | 25% | 6.97% | 5 of 39 |
Growth Portfolio | 0.13% | 75% | 9.38% | 16 of 50 |
Income Portfolio | 0.13% | 0% | 4.24% | 15 of 70 |
Moderate Growth Portfolio | 0.13% | 50% | 8.38% | 5 of 52 |
Individual Investment Options
Sometimes called a single-fund option, this is a portfolio invested in a single mutual fund. Often the name of the 529 portfolio is very similar to the name of the underlying mutual fund. A large number of broker-sold 529s offer an extensive line-up of individual fund options, while a smaller number of direct-sold 529s offer them.
Portfolio | E.R.ix Expense Ratio Close | % Equity | 1YR Performance | Rank |
---|---|---|---|---|
Aggressive Growth Portfolio | 0.13% | 100% | 10.21% | 104 of 235 |
Growth Stock Index Portfolio | 0.13% | 100% | 38.14% | 11 of 235 |
Mid-Cap Stock Index Portfolio | 0.13% | 100% | 7.03% | 143 of 235 |
Small-Cap Stock Index Portfolio | 0.13% | 100% | 1.28% | 146 of 235 |
Value Stock Index Portfolio | 0.13% | 100% | -3.35% | 62 of 235 |
Bond Market Index Portfolio | 0.13% | 0% | 6.92% | 16 of 70 |
Inflation-Protected Securities Portfolio | 0.13% | 0% | 9.67% | 17 of 18 |
Interest Accumulation Portfolio | 0.13% | 0% | 2.17% | 11 of 68 |
Developed Markets Index Portfolio | 0.13% | 100% | 2.11% | 217 of 235 |
Use the form below to filter through the investment options in this plan
Child age
Max Expense Ratio:2.5%
0