New Mexico Selects Ascensus and Principal to Manage the State's 529 Program

After a competitive Request for Proposals process, The Education Trust Board of New Mexico has selected Ascensus and Principal as managers for The Education Plan and the Scholar's Edge 529 plans. This marks the entrance of Principal into the 529 savings account market.

Ascensus will provide program management, recordkeeping, administrative services, and investment oversight for The Education Plan.

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