COLLEGEINVEST ANNOUNCES FEE REDUCTION FOR ITS DIRECT PORTFOLIO COLLEGE SAVINGS PLAN
Reduced fee structure complements Colorado families’ strong college savings trends.Denver, CO, June 30, 2014 -- CollegeInvest announced today that the administrative fee for its Direct Portfolio saving plan has been reduced by 15%, the latest in a trend of cost savings for its 529 account holders. The fee reduction is the result of continued strong growth in the number of accounts invested in the Direct Portfolio plan in Colorado, and a renewed partnership between CollegeInvest and Vanguard/Ascensus College Savings in which added consumer benefit was the goal. The change went into effect on