Virginia529 (VA 529) or Virginia529 College Savings Plan is the independent state agency responsible for Section 529 qualified tuition programs offered by the Commonwealth of Virginia. In 2016, Morningstar gave Virginia's 529 a "silver" rating (on a scale of Gold-Silver-Bronze) based on its affiliation with CollegeAmerica and management by American Funds. According to US News and World Report, Virginia's 529 offers a "whopping" 27 funds and six multi-fund options in its static track. Further, US News reports that "Morningstar applauds the plan’s low costs, relative to other advisor-sold programs."
References
Virginia 529 Savings Plan - Melissa Cobbler from the Virginia 529 Savings Plan has details on how easy it can be for parents to help save for their kids for college.
External links
- Official website
