State Street's School House Rolls Out New 529 Plan

December 21, 2001 ( - Schoolhouse Capital, a subsidiary of State Street Corporation rolled out Scholar'sEdge, a 529 college savings program offered through a new partnership with OppenheimerFunds.

Scholar’sEdge, which offers the highest current maximum contribution limit in the market at $251,000 per beneficiary, takes a multi-manager investment approach supported through a series of eight portfolios.

These incorporate both an Age-Based Choice and an extensive line up of Custom Choice options including all equity, bond and short-term yield options.

Participants in the program can also take advantage of the plan’s Web resource that allows users to create an education plan, track investments and accounts, and receive plan updates.

Scholar’sEdge will be distributed by OppenheimerFunds through its advisory network.

Visit the Web site at www.scholar’