Mini Wise Money’s 529 Finalists:
Nevada
Nevada ‘s Vanguard 529 Savings Plan is administered by Ascensus College Savings but carries the Vanguard brand and features a wide offering of Vanguard mutual funds in its age-based and static portfolio options. Accounts can be linked to the Upromise rewards service.
Utah Educational Savings Plan (UESP)
Utah
The Utah Educational Savings Plan (UESP) state-administered 529 savings program utilizes Vanguard and Dimensional mutual funds, the State Treasurer’s fixed-income fund, and an FDIC-insured account in its five different age-based options and nine static portfolio options.
Florida
Florida 529 Savings Plan – Instead of utilizing mutual funds, the Florida Prepaid College Board hires various money management firms to manage the separate investment pools, which are available as either static portfolios or as part of an age-based strategy.
Fidelity Arizona College Savings Plan
Arizona
The Fidelity Arizona College Savings Plan is a Fidelity-managed 529 plan follows the same approach as other Fidelity plans in Delaware, Massachusetts and New Hampshire. It features three age-based options; one using Fidelity mutual funds; one using Fidelity index mutual funds; and a third multi-firm option with portfolios that invest in funds offered by several different companies. The plans also offer 11 static options, and one option that invests in an interest-bearing deposit account.
- What investment vehicle are you using for college savings?
- How old is your child when you start putting money away for their university costs?
- Which 529 plan do you like? Why?
