College Enrolled Trigger Is History

The Age 19+ or College Enrolled age bracket in each age-based option was redesigned to remove the College Enrolled trigger.

Previously, when an account owner withdrew funds to pay for the qualified higher education expenses of a middle or high school student enrolled in a college class, the account was automatically moved to the Age 19+ or College Enrolled bracket.

With the College Enrolled trigger removed, the account will remain in the age bracket corresponding to the beneficiary’s age and continue to move down the glide path designed for the account owner’s investment option.