my529 publishes new Program Description

On July 11, 2019, my529 issued a new Program Description.

Here is a brief summary of the changes and updates:

  • Reduction of the Administrative Asset Fee for all investment options
  • Elimination of the Public Treasurers’ Investment Fund investment option
  • Increase of the Utah state income tax credit/deduction
  • Updated year-end deadlines
  • New admiral share class for the Vanguard FTSE Social Index Fund, which lowers its Operating Expense Ratio to 0.140% ($1.40 per $1,000 invested annually)

For complete information, please read the Program Description.