Investment fees drop
my529 lowers costs for the fourth straight year, benefiting 99% of account owners
For the fourth year in a row, my529 has dropped fees.
On October 1, 2020, my529 lowered the Administrative Asset Fee for most investment options, a move that benefits 99% of my529 accounts.
The following fees have decreased:
Age-Based and Static investment options—to 0.120% ($1.20 per $1,000 invested annually) from 0.130%.
Customized investment options—to 0.150% ($1.50 per $1,000 invested annually) from 0.180%.
The Administrative Asset Fee for the Fixed Income Static investment option remains at 0.100% ($1.00 per $1,000 invested annually).
my529 has lowered fees seven out of the past eight years. Click on the table to see our new fees.