The Illinois State Treasurer’s office has reached a tentative agreement with Oppenheimer Funds to recover $77 million of the $85 million that plan participants lost in the Oppenheimer Core Bond Fund. Details at this link. Negotiations with Oppenheimer Funds include Oregon, but there hasn’t been any official communication yet from the Oregon 529 College Savings […]
update: clarifications and examples in italics, total tax savings amount changed. According to a recent national survey of parents from Sallie Mae and Gallup, only 33% of parents are saving for college through a 529 plan. The same study found that 62% of parents of college-bound children are saving for education. Parents that aren’t using […]
The Oregon 529 College Savings Plan is selecting a new manager, and we have an opportunity to become “best in class”.