my529 fees are some of the lowest in the 529 industry.
my529’s asset-based fee structure has twoÂ parts:
- The Operating Expense Ratios of the underlying investments
- The my529 Administrative Asset Fee
Added together, the Operating Expense Ratio of each underlying investment and the my529 Administrative Asset Fee make up the total annual asset-based fee for your client’s my529 account.
The combined total annual asset-based fee ranges from:
|Age-Based Investment Options||0.145 percent to 0.178 percent|
|Static Investment Options||0.130 percent to 0.165 percent|
|Customized Investment Options||0.180 percent to 0.555 percent|
Operating Expense Ratios
Vanguard and Dimensional charge an Operating Expense Ratio for each underlying fund.
Depending on which investment option your client selects for his or her account, the expense ratios range from:
|Age-Based Investment Options||0.015 percent to 0.048 percent|
|Static Investment Options||0.000 percent to 0.040 percent|
|Customized Investment Options||0.000 percent to 0.375 percent|
The expense ratio feesÂ do notÂ appear on your clients’ quarterly statements because Vanguard and Dimensional deduct them from the applicable underlying fund. The performance and market values of an account containing Vanguard or Dimensional include the deduction of any fund expense ratios.
View the Vanguard and Dimensional Operating Expense Ratios.
There is no underlying expense ratio assessed on FDIC-insured accounts.
Administrative Asset Fee
The Administrative Asset Fee is an annual fee charged by my529 against your client’s account.
The Administrative Asset Fee is 0.100 percent to 0.180 percent, depending on which age-based, static, or customized investment option your client selects for his or her account:
|Age-Based Investment Options||0.130 percent|
|Static Investment Options||0.100 percent to 0.130 percent|
|Customized Investment Options||0.180 percent|
Determine the total fees on each account by clicking:
You can also compare the approximate cost of investing in my529 over different periods of time by clicking on the my529 Approximate Cost of $10,000 Investment Table.
The my529 Professional Services Team stands ready to help you.
Phone: 888.529.1886 | Fax: 888.529.9197 | email@example.com