Ohio’s 529 Plan Reaches a New Milestone in 2020

Even with the ups and downs of this year, the number of families saving through Ohio’s 529 Plan is on the rise. The college savings program reached $13.1 billion in Assets Under Management (AUM) on June 30, 2020.

These families’ smart savings strategies are reflected in Ohio’s 529 Plan, CollegeAdvantage. The $13.1 billion AUM is a 5.6% increase from the same point in 2019. CollegeAdvantage Direct 529 Plan experienced a 9.1% increase in AUM from this time last year, and the BlackRock CollegeAdvantage Advisor Plan had 2.2% increase in AUM over last year.
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