529 News

Recent Plan News

State Farm agents will no longer service or sell interests in the NE State Farm College Savings Plan

(May 7, 2018) - Nebraska's State Farm College Savings Plan announced that State Farm agents will no longer service or sell interests in the 529 plan. First National Bank will continue as program manager and will assume responsibilities as plan distributor from Oppenheimer and OFI as of August 3, 2018.

Upcoming changes to the PA 529 Investment Plan include increased international exposure

(April 4, 2018) - Pennsylvania's 529 Investment Plan, which is available to residents of any state, will be making changes to its underlying investments, effective April 27, 2018. The plan will be adding new investment options that will provide an opportunity for account owners to diversify investments with international exposure, including offering the Vanguard Total International Bond Index Portfolio and increasing the international equity and bond allocations in multi-fund portfolios. The plan will also be adding seven new portfolios to its three Age-Based investment options.

South Carolina extends contract with Columbia Management to manage the state's 529 program

(March 5, 2018) - The State of South Carolina and its program manager, Columbia Management Investment Distributors, Inc., have agreed to an extension of their contract through September 30, 2019 for the Future Scholar 529 College Savings Plan.

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