Scholarshare Investment Board

ScholarShare 529 Eclipses $10B in Assets, Reduces Fees on Investment Options

Retrieved on: 
Tuesday, January 21, 2020
Economy, Finance, Money, Scholarshare Investment Board, ScholarShare, 529 plan, Financial markets, Investment, Rate of return

Low fees and expenses make a big difference on investment returns especially when they are compounded over a longer-term time horizon, said Julio Martinez, executive director of the ScholarShare Investment Board.

Key Points: 
  • Low fees and expenses make a big difference on investment returns especially when they are compounded over a longer-term time horizon, said Julio Martinez, executive director of the ScholarShare Investment Board.
  • Prior to the fee reduction, ScholarShare 529 investment fees were already less than half the national average.
  • ScholarShare 529 manages over $10 billion in plan assets across more than 333,000 ScholarShare 529 accounts as of 1/16/20.
  • For information about the ScholarShare Investment Board, visit www.treasurer.ca.gov/scholarshare , like ScholarShare 529 on Facebook at www.facebook.com/scholarshare529 , and follow them on Twitter at @ScholarShare529 .

ScholarShare 529 Launches Children’s Savings Account (CSA) Platform

Retrieved on: 
Monday, December 9, 2019
Education in California, ScholarShare, United States, 529 plan, Scholarshare Investment Board

SACRAMENTO, Calif., Dec. 09, 2019 (GLOBE NEWSWIRE) -- ScholarShare 529, Californias official college savings plan, announced today the launch of its Childrens Savings Account (CSA) platform designed to support local governments and non-profit organizations interested in establishing a local CSA program.

Key Points: 
  • SACRAMENTO, Calif., Dec. 09, 2019 (GLOBE NEWSWIRE) -- ScholarShare 529, Californias official college savings plan, announced today the launch of its Childrens Savings Account (CSA) platform designed to support local governments and non-profit organizations interested in establishing a local CSA program.
  • To learn more about ScholarShare 529s CSA platform, please visit www.ScholarShare529.com/CSA or contact ScholarShare 529 directly at [email protected] or (916) 651-6380.
  • ScholarShare 529, a Gold-rated college savings plan by Morningstar, serves as Californias official college savings plan.
  • ScholarShare 529 manages over $9.7 billion in plan assets across more than 329,000 ScholarShare 529 accounts as of 11/30/19.

ScholarShare 529 Introduces Holiday Offer to Help California Families Save for College

Retrieved on: 
Thursday, December 5, 2019
Education in California, ScholarShare, United States, 529 plan, Scholarshare Investment Board

SACRAMENTO, Calif., Dec. 05, 2019 (GLOBE NEWSWIRE) -- ScholarShare 529, Californias official college savings plan, announced today its 2019 holiday offer designed to help California families save for college this holiday season.

Key Points: 
  • SACRAMENTO, Calif., Dec. 05, 2019 (GLOBE NEWSWIRE) -- ScholarShare 529, Californias official college savings plan, announced today its 2019 holiday offer designed to help California families save for college this holiday season.
  • ScholarShare 529 is widely regarded as a high-quality 529 college savings plan thanks in part to its low fees and diverse investment lineup.
  • ScholarShare 529, a Gold-rated college savings plan by Morningstar, serves as Californias official college savings plan.
  • ScholarShare 529 manages over $9.55 billion in plan assets across more than 328,000 ScholarShare 529 accounts as of 10/31/19.

ScholarShare 529 Celebrates 20-Year Anniversary with Gold Morningstar Analyst Rating

Retrieved on: 
Thursday, October 24, 2019
Education in California, ScholarShare, Scholarshare Investment Board, United States, 529 plan

2009: The ScholarShare Investment Board (SIB), which administers the ScholarShare 529 plan, approves major fee reductions, making ScholarShare 529 one of the nations lowest-cost plans.

Key Points: 
  • 2009: The ScholarShare Investment Board (SIB), which administers the ScholarShare 529 plan, approves major fee reductions, making ScholarShare 529 one of the nations lowest-cost plans.
  • 2013: Morningstar awards ScholarShare 529 a silver medal in its annual evaluation, making ScholarShare 529 one of the nine highest-rated plans in the country.
  • 2019: ScholarShare earns a Gold Morningstar Analyst Rating for college savings plans and celebrates its 20-year anniversary.
  • ScholarShare 529 manages over $9.4 billion in plan assets across more than 327,000 ScholarShare 529 accounts as of 9/30/19.