However, there are no annual maintenance fees or account origination fees to worry about. At the other end of the spectrum is the “conservative” option, which holds the smallest percentage of equities.įees can be higher than some other 529 plans, ranging from 0.12% to 0.50%. and foreign stocks at the start and gradually increases its exposure to the bond market. The “aggressive global” portfolio invests the highest portion of assets in U.S. With age-based options, account owners can choose their level of risk and potential reward. The underlying funds are managed by some well-regarded companies, including Vanguard and bond fund giant PIMCO. You’ll find four age-based portfolios ten “static” options, for which the asset mix doesn’t change over time, and two customized portfolio options. With 12 different investment possibilities, there’s an option for virtually anyone. The college savings plan snagged its 12th-straight “Gold” rating from Morningstar in 2022, evidence of the state’s prudent management. Utah’s my529 program has had quite a run. However, with a stellar track record, numerous investment options, and low fees, people outside the Buckeye state will want to take notice as well. No doubt that Ohioans have a strong incentive to sign up, with state tax breaks of up to $4,000 per beneficiary per year. And risk-based and individual options are all 0.44% or less. Age-based options range between 0.15% and 0.31% annually, well below the national average. The plans include funds from Vanguard and Dimensional Fund Advisors, as well as Federal Deposit Insurance Corporation (FDIC)–insured certificates of deposit (CDs) and bank accounts.įrom a fee standpoint, Ohio’s plan is one of the best around. You can also customize your basket of investments by choosing your own mix of stock and bond funds. You can choose an age-based portfolio that becomes more conservative over time or a static risk-based portfolio that doesn't change its asset mix over time. There’s no shortage of investment choices here, either. According to performance reviews from, the program is tops in the nation for 10-year returns. There are a lot of reasons to like Ohio’s CollegeAdvantage 529 plan-and a history of generating above-average returns is certainly one of them.
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