CollegeSense’s enhanced its rollover feature with the introduction of trustee-to-trustee transfers and a sales charge waiver on qualifying rollovers through April 15. Thus, investors who would like to make a change in their 529 investment program can roll their 529 account assets into CollegeSense without paying a sales charge, according to a news release.
CollegeSense investors can now set up systematic exchanges to reallocate their accounts over time. Among the systematic exchange capabilities available to CollegeSense investors:
- the ability to exchange among any of the investment options, including into or out of an age-based investing strategy
- flexible monthly or quarterly exchange intervals
- the ability to specify stop dates, making the exchange process ongoing or finite at the investor’s choosing.