Nearly half of respondents to the PLANSPONSOR Defined Contribution Survey say they offer some form of tuition reimbursement program for employees—far greater than the number offering student loan repayment support.
October 18, 2011 (PLANSPONSOR.com) – California will close its “adviser-sold” unit, a small portion of the 529 college-savings plan, in which residents invest in the plan through brokers and financial planners, reports the Los Angeles Times.
October 17, 2011 (PLANSPONSOR.com) - First National Bank of Omaha (FNBO), the Nebraska Educational Savings Trust (NEST), and Nebraska State Treasurer Don Stenberg announced the launch of the Bank Savings Investment Option, Nebraska's FDIC-insured 529 savings option.
November 18, 2010 (PLANSPONSOR.com) – Total 529 college savings plan assets increased to an estimated $127 billion as of 3Q10, reflecting an 8.5% increase from 2Q10 assets of $117 billion, according to new data from Financial Research Corporation (FRC)
December 22, 2009 (PLANSPONSOR.com) - OppenheimerFunds, Inc. and the state
of Illinois have reached an agreement to resolve the state's investigation into
the management of its Bright Start College Savings Program.
November 20, 2009 (PLANSPONSOR.com) - The state of Oregon has reached a
$20-million settlement with MassMutual Financial Group's OppenheimerFunds Inc. of
losses in a bond fund in the state's 529 college-savings plan.
December 24, 2008 (PLANSPONSOR.com) - The Internal
Revenue Service (IRS) has set forth a special rule under
which a Section 529 program may permit investments in a
section 529 account to be changed during 2009 on a more
frequent basis than under current rules.
November 9, 2006 (PLANSPONSOR.com) -The Vanguard 529
College Savings Plan will reduce expenses across its lineup
of investment options by 10 to 12 basis points, resulting in
an annual participant savings of more than $2
December 9, 2005 (PLANSPONSOR.com) - Assets in 529
college savings plans reached $63.4 billion at the end of the
third quarter of 2005, according to data by the Financial
Research Corp. (FRC) released by the College Savings
April 12, 2004 (PLANSPONSOR.com) - Baby Boomers are
most likely to be aware of, and utilize, 529 college savings
plans, but Generation X, with the largest percentage of
children under 18 in the house, represents a new frontier for
plan sponsors to target when offering these plans.
February 18, 2004 (PLANSPONSOR.com) -
OppenheimerFunds Inc. has been tapped by the Oregon 529
College Savings Board as the replacement portfolio manager
after the plan's former manager, Strong Capital, was
embroiled in controversy last year and consequently