Enrollment Date Options
my529 offers a diverse menu of investment options.
Twelve options are enrollment date. Ten are static, or fixed. Two options are customizable. Each option uses a different investment strategy. Choose the option that works best for you.
Twelve Enrollment Date options
- Enrollment Date options take into consideration the target year the account beneficiary will begin taking withdrawals to pay for qualified education expenses.
- These options are built from a mix of Vanguard mutual funds, the PIMCO Interest Income Fund and FDIC-insured accounts. Over time, the options gradually shift to a more conservative investment allocation as the target enrollment year draws closer, eventually ending up in the Enrolled option.
- Investment allocations automatically adjust over time based on a preset quarterly allocation schedule. Daily cash flows keep the options close to target allocations.
- The Internal Revenue Service allows you to make two option changes in a calendar year without triggering tax consequences.
The investment options
On July 14, 2021, my529 transitioned its Age-Based investment options to Enrollment Date investment options.Â Click here to view the allocations tables for the retired Age-Based investment options.
my529’s asset-based fee structure has two parts:
- The Underlying Fund Expense of each underlying investment
- The Administrative Asset Fee
Learn more about fees.
Depending on which investment option you select for your account, my529 invests your contributions in a combination of Vanguard Group and Dimensional Fund Advisors mutual funds, the PIMCO Interest Income Fund, or the FDIC-insured accounts held in trust at Sallie Mae Bank and U.S. Bank. Collectively, these funds and accounts are referred to as underlying investments.Â The my529 account owner does not own shares of any underlying investment. Instead, the account owner owns my529 units issued by my529.
Read the Program Description, Part 7, Investment Information, for information about specific risks for the underlying investments in the Enrollment Date investment options.
Choose carefully. Your investment could lose value. The value of your my529 account may vary depending on market conditions and the performance of the investment option you select. It could be more or less than the amount you contribute.
You assume all investment risks, including potential for loss of principal as well as responsibility for any federal and/or state consequences. Accounts are opened based on representations by you and with your express agreement to the Terms and Conditions of the my529 Account Agreement.
You should consider the risks associated with each investment option in light of your financial situation, investment goals, and the length of time you will hold your investment before making a qualified withdrawal. Please read the my529 Program Description for complete information about each option.
Information on this website does not supersede the information in the my529 Program Description and the actual written contracts and and agreements that establish my529 accounts.