Ohio’s 529 Plan, CollegeAdvantage, has added the 2044 new college-enrollment-date fund to the Advantage Age-Based Portfolios (AABP). The new 2044 fund is the AABP investment option intended for children born between Aug. 1, 2024, and July 31, 2026. Ohio’s 529 Plan also completed the required conversion of the 2024 Fund accounts to the Graduate Fund. This conversion happens every two years per the glidepath design of the AABP option.
These two updates occurred as of Friday, July 19, 2024.
Wilshire is the discretionary manager for the AABP, a unique and customized portfolio designed to consider a beneficiary’s date of birth and year of college enrollment. This option combines actively managed and passively managed investment options to reduce fees and relative risk, while enhancing performance potential.
If you would like to read more on how the 529 age-based investment portfolio works, here’s more information.
If you have any questions, or if you need information or assistance with your account, please call CollegeAdvantage at 1-800-AFFORD-IT (233-6734). Our customer service representatives are available to assist you from 8:30 a.m. - 6 p.m. EST Monday through Friday. You may also send your non-account specific questions at your convenience via email to CustomerService@CollegeAdvantage.com.
Visit Ohio’s 529 Plan to start saving today for your child’s future higher education. Since 1989, Ohio’s 529 Plan has been helping families across the nation save for their children’s education. Ohio’s 529 Plan covers qualified costs at any four-year college or university, two-year community college, trade or vocational school, apprenticeship approved by the U.S. Labor Department, or certificate program nationwide that accepts federal financial aid. Learn, plan, and start for as little as $25 today at CollegeAdvantage.
