Virginia’s tax-advantaged college savings plan for parents and their children has surpassed $100 billion in assets under management, making it the first 529 plan in the industry to reach that milestone.
Virginia529 is the largest 529 plan in the country. It has nearly 3 million accounts, and the number of college savings accounts in its portfolio has grown by 12% in the past year.
“We are honored that even in a time of unprecedented challenges and uncertainty, millions of families continue to trust us with their savings and their higher education goals,” said Mary Morris, Virginia529 chief executive.
Click here to read the rest of the article written by Jeff Clabaugh over at WTOP
