CollegeAdvantage 529 College Savings Program Surpasses Milestone $9 Billion in Program Assets - Siouxland News - KMEG 14 and FOX 44

CollegeAdvantage 529 College Savings Program Surpasses Milestone $9 Billion in Program Assets

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact

SOURCE Ohio Tuition Trust Authority

COLUMBUS, Ohio, July 2, 2014 /PRNewswire/ -- As the fifth largest state 529 plan sponsor in the country, Ohio's CollegeAdvantage 529 program has surpassed $9 billion in program assets. This milestone was reached during the second quarter. As of June 30, assets in all three CollegeAdvantage plans total $9.1 billion and are as follows: Direct Plan $4.0 billion, Advisor Plan offered by BlackRock $4.7 billion, and $0.4 billion in the Guaranteed Plan.

Ohio Tuition Trust Authority College Advantage logo.

"With over 642,000 accounts and contributions totaling over $900 million during the past 12 months, CollegeAdvantage assets continue to grow. I believe this shows that our account owners are pleased with the performance of their investments, have confidence in our plans, and are truly committed to saving for college for their loved ones," said Paul Paeglis, executive director of the Ohio Tuition Trust Authority, the state agency that manages the CollegeAdvantage plans.

A CollegeAdvantage Direct Plan or Advisor Plan can be opened by anyone for as little as $25. Investment options include risk-free savings accounts and CDs, ready-made age-based options, as well as individual fund options for savers of all income levels, investment experience, and risk-tolerance preferences. For a College Savings 101 fact sheet, go to

About CollegeAdvantage:

CollegeAdvantage is Ohio's 529 college savings program, offered and administered by the Ohio Tuition Trust Authority, a state agency under the Office of the Chancellor of the Ohio Board of Regents. CollegeAdvantage is offered as the CollegeAdvantage Direct 529 Savings Plan and the CollegeAdvantage Advisor 529 Saving Plan offered through BlackRock. The CollegeAdvantage Guaranteed 529 Savings Plan remains closed since the end of 2003 to contributions and new enrollments.  To learn more, visit

Logo -

©2012 PR Newswire. All Rights Reserved.

Powered by WorldNow

Siouxland News
100 Gold Circle
Dakota Dunes, SD 57049

Main Phone: 712-277-3554
Main Fax: 712-255-5250

Powered by WorldNow
All content © Copyright 2000 - 2009 WorldNow and Sinclair Communications, LLC. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.