banner_collage_102116

Administrative Asset Fee reduced; most account owners benefit

The Administrative Asset Fee for each predetermined age-based investment option and five static investment options was reduced by 0.01 percentage point, a savings of 10 cents per $1,000 invested.

All age-based options revised: Age brackets, allocations adjusted

The number of age brackets in each age-based investment option was expanded to 10 brackets from seven.

College Enrolled trigger removed from Age 19+ age bracket

Age-based accounts will no longer be automatically reallocated to the Age 19+ bracket when account owners take withdrawals to pay for the qualified higher education expenses of beneficiaries who are younger than age 19.

Several fund changes affect age-based, static investment options

Vanguard Total International Bond Index Fund was added to three predetermined age-based investment options and Vanguard Short-Term Bond Index Fund was removed from all predetermined age-based options. Also, Vanguard High-Yield Corporate Fund, Vanguard FTSE Social Index Fund, and Dimensional U.S. Sustainability Core 1 Portfolio were added as optional underlying investments for the Customized Age-Based and Customized Static investment options.

The envelope, please—mail delivery fee eliminated

Non-Utah account owners who receive their quarterly account statements and other UESP communications by mail will no longer pay the annual mail delivery fee.

Review Your Account Balance

If you think the balances shown on your UESP account statement are incorrect, please contact our auditors promptly.

Investment Option Performance

Performance returns through June 30, 2017, are now available for viewing.

Follow @uesp on twitter