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SSgA Upromise 529 Plan Tops $1 Billion In Assets BOSTON--(BUSINESS WIRE)-- State Street Global Advisors (SSgA)*, the asset management business of State Street Corporation (NYS: STT) , today ...
Ascensus Enters into Agreement to Acquire 529 Plan Administration Business from Sallie Mae DRESHER, Pa. & NEWARK, Del.--(BUSINESS WIRE)-- Ascensus, the nation's largest independent retirement plan ...
In 2013, Ascensus acquired Upromise Investments, Sallie Mae's 529 college savings plan administrator. [20] This resulted in the formation of its government savings division. The company also manages Ugift, its third-party giving program allowing family and friends to transfer money into 529 plans. [21]
A 529 plan is a tax-advantaged savings plan designed to help parents or grandparents cover the costs of their child’s or grandchild’s education. Named after Section 529 of the Internal Revenue ...
How to get started with a 529 plan. It can be easy to open a 529 plan, and you can start a 529 directly through a specific state’s plan or through a broker. You can start a plan with any state ...
It's important to know exactly how 529 plans work. Home & Garden. Lighter Side
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