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We’ve made enhancements to the Direct 529 Plan.
On Friday, June 19th, we made improvements to five investment options in the CollegeAdvantage Direct 529 Plan and automatically exchanged these options. We also enhanced the ready-made portfolios and introduced a new investment option. In addition, the OTTA fee went from 0.04% to 0.02%.
In early July, we will mail an updated Offering Statement and Participation Agreement to all CollegeAdvantage Direct 529 Plan Account Owners who have not opted in for e-delivery of statements, plan updates, and transactional confirmations. The new Offering Statement includes details on all of the enhancements listed above. If you’ve opted in for e-delivery or don’t want to wait till July, you can access the new Offering Statement and Participation Agreement today here.
If you’d like to sign-up for e-delivery, just log in to your account and click on Account Maintenance.
Posted on August 31, 2015