Wisconsin Adds New Conservative 529 Plan Options
Scared about the market downturn? We all are, but that doesn’t mean you should stop contributing to 529 college savings plans.
Wisconsin just released a number of new options for its Edvest 529 plan, including a number of less-risky options. According to a release from the state and Wells Fargo:
“The financial market’s recent volatility shouldn’t discourage families from investing in their child’s college savings plan,” said Wisconsin State Treasurer Dawn Marie Sass. “These new EdVest choices offer Wisconsin families three new conservative options, including portfolios that primarily invest in certificates of deposit that are federally insured by either the FDIC or NCUA. Combined with our existing money market portfolio and bond portfolios, EdVest offers a variety of options to meet the needs of conservative investors.”