Admin fee drops for my529’s Customized options

my529 recently reduced the Administrative Asset Fee for Customized Age-Based and Customized Static investment options by one basis point (0.010%). The fee decrease, from 0.120% to 0.110% (or $1.10 per $1,000 invested annually), went into effect on July 1, 2025. It represents a reduction of more than 8% and will benefit about 20% of my529 accounts.

Based on current assets invested in the Customized investment options, savings in the coming year are estimated to be about $730,000.

Please refer to my529.org or the July 2025 Supplement to the March 2025 Program Description for the most recent fee information.