Tag Archives | DC 529 Plan

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New DC 529 Plan Coming Soon

A new DC 529 Plan will be coming in 2017. The new DC 529 Plan provider, Ascensus, will hopefully eliminate the high-cost elements in the existing plan. 529 plans are a great way to save for college. Nearly all states have 529 plans. A 529 plan allows your contributions to grow tax free.  You don’t pay […]

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DC 529 Plan Upcoming Reform

I wrote recently to DC Mayor Muriel Bowers asking her to reform the DC 529 Plan (DC Plan). The DC 529 College Savings Plan contains high-cost investment choices, big commissions that can unknowingly harm consumers, and unnecessary participation fees. Earnings in a 529 account are tax-free if they are used for qualified education expenses such as […]

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Letter to Mayor Muriel Bowser to Reform the DC College Savings Plan

Below is the text of a letter I sent to Washington, DC Mayor Muriel Bowser to reform the DC College Savings Plan to better serve the interest of DC families and college students.  On August 1st, the DC CFO responded!! Dear Mayor Bowser: Your Administration would do college students and families saving for college a […]

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