Iowa Reduces 529 Plan Fees
College Savings Iowa has reduced asset-based expenses on its 529 college savings plans. The 13 Vanguard investment options in the plan will see their fees reduced from 0.52% to 0.50%. That may not seem like much, but it’s $5 per $1,000 invested annually. If you’ve accumulated $50,000 in your account, that’s a savings of $250 per year.
This is the second time in three years the plan has reduced its expenses.