Comptroller Glenn Hegar announced today that the state’s tax-advantaged, advisor-sold college savings plan, the LoneStar 529 Plan®, implemented the following enhancements – including a reduction in some fees – that were effective March 7: Reduction in the front-end sales charge for Class A shares from 5.75% to 2.75%; Reduction in total plan level fees, including the program management fee, the state administrative fee, and the estimated underlying investment expenses; A change from Age-Based Portfolios to […]
LoneStar 529 Plan
Texas Comptroller Glenn Hegar Reminds Families to Start Saving for Higher Education on 529 College Savings Day
As national 529 industry professionals prepare to celebrate 529 College Savings Day on May 29, Texas Comptroller Glenn Hegar is encouraging families to save for their children’s higher education expenses using the state’s 529 college plans. “529 day is a reminder that it’s never too late – or too early – to start planning for a child’s college education,” Hegar said. “Families will find that when it comes to planning for their children’s future education, every little bit […]