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. [1] Since 2018, Morningstar has named Virginia's Invest529 plan among the top 529 college savings plans in its annual analysis. [2] [3] [4] According to U.S. News & 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." [5]
The University of Virginia (UVA) is a public research university in Charlottesville, Virginia, United States. It was founded in 1819 by Thomas Jefferson and contains his Academical Village, a UNESCO World Heritage Site. The original governing Board of Visitors included three U.S. presidents: Jefferson, James Madison, and James Monroe, the latter as sitting president of the United States at the time of its foundation. As its first two rectors, Presidents Jefferson and Madison played key roles in the university's foundation, with Jefferson designing both the original courses of study and the university's architecture. Located within its historic 1,135-acre central campus, the university is composed of eight undergraduate and three professional schools: the School of Law, the Darden School of Business, and the School of Medicine.
Virginia Commonwealth University (VCU) is a public research university in Richmond, Virginia. VCU was founded in 1838 as the medical department of Hampden–Sydney College, becoming the Medical College of Virginia in 1854. In 1968, the Virginia General Assembly merged MCV with the Richmond Professional Institute, founded in 1917, to create Virginia Commonwealth University. In 2022, more than 28,000 students pursued 217 degree and certificate programs through VCU's 11 schools and three colleges. The VCU Health System supports health care education, research, and patient care. It was the only school in the South to have graduated a class every year during the American Civil War.
Alexander Britton Hume, known professionally as Brit Hume, is an American journalist and political commentator. He had a 23-year career with ABC News, where he contributed to World News Tonight with Peter Jennings, Nightline, and This Week. Hume served as the ABC News chief White House correspondent from 1989 to 1996.
A 529 plan, also called a Qualified Tuition Program, is a tax-advantaged investment vehicle in the United States designed to encourage saving for the future higher education expenses of a designated beneficiary. In 2017, K–12 public, private, and religious school tuition were included as qualified expenses for 529 plans along with post-secondary education costs after passage of the Tax Cuts and Jobs Act.
California State University, Bakersfield is a public university in Bakersfield, California. It was established in 1965 as Kern State College and officially in 1968 as California State College Bakersfield on a 375-acre (152 ha) campus, becoming the 20th school in the California State University system. The university offers 39 different bachelor's degree programs, 17 master's degree programs, and a doctoral program in Educational Leadership (Ed.D.).
Coast Capital Savings Federal Credit Union is a member-owned financial co-operative headquartered in Surrey, British Columbia. It has nearly 600,000 members through its 45-location branch network. In 2023, Coast Capital's net income was at $58.5 million. and has branches located in British Columbia, including Metro Vancouver, Fraser Valley, Okanagan and Vancouver Island regions.
Morningstar, Inc. is an American financial services firm headquartered in Chicago, Illinois, and was founded by Joe Mansueto in 1984. It provides an array of investment research and investment management services.
Hume-Fogg Academic Magnet High School is a public magnet high school serving grades 9–12 and located in downtown Nashville, Tennessee, United States.
Alexander Giannoulias is an American financier and politician who is the Secretary of State of Illinois. He previously served as the 72nd Illinois Treasurer from 2007 to 2011.
The School of Public and International Affairs (SPIA) at Virginia Tech offers graduate and undergraduate education in the fields of public administration, public policy, international affairs, urban affairs, and urban & regional planning. It has three campuses throughout Virginia: Arlington; Blacksburg and Richmond.
A target date fund (TDF), also known as a lifecycle fund, dynamic-risk fund, or age-based fund, is a collective investment scheme, often a mutual fund or a collective trust fund, designed to provide a simple investment solution through a portfolio whose asset allocation mix becomes more conservative as the target date approaches.
The Michigan Education Savings Program (MESP) is a 529 savings plan that is administered by the Michigan Department of Treasury. Michigan residents who contribute to this plan can deduct up to $5,000 from their state income tax each year. MI State Matching Grants based on MESP contributions are not currently available. If state appropriations become available in the future, the State Matching Grant program will be reinstated.
Education in Virginia addresses the needs of students from pre-kindergarten through adult education. Virginia's educational system consistently ranks in the top ten states on the U.S. Department of Education's National Assessment of Educational Progress, with Virginia students outperforming the average in almost all subject areas and grade levels tested. The 2010 Quality Counts report ranked Virginia's K–12 education fourth best in the country. All school divisions must adhere to educational standards set forth by the Virginia Department of Education, which maintains an assessment and accreditation regime known as the Standards of Learning to ensure accountability. In 2008, 81% of high school students graduated on-time after four years. The 1984 Virginia Assembly stated that, "Education is the cornerstone upon which Virginia's future rests."
The College of Science at Virginia Tech contains academic programs in eight departments: biology, chemistry, economics, geosciences, mathematics, physics, psychology, and statistics, as well as programs in the School of Neuroscience, the Academy of Integrated Science, and founded in 2020, an Academy of Data Science. For the 2018-209 academic year, the College of Science consisted of 419 faculty members, and 4,305 students, and 600 graduate students. The college was established in July 2003 after university restructuring split the College of Arts and Sciences, established in 1963, into two distinct colleges, the other half becoming the College of Liberal Arts and Human Sciences. Lay Nam Chang served as founding dean of the College of Science from 2003 until 2016. In 2016, Sally C. Morton was named dean of the College of Science. Morton served in that role until January 2021, when she departed for Arizona State University and Ronald D. Fricker—senior associate dean and professor in the Department of Statistics—was named interim dean of the College. In February 2022, Kevin T. Pitts was named the third official dean of the College of Science.
Wealthfront Inc. is an automated investment service firm based in Palo Alto, California, founded by Andy Rachleff and Dan Carroll in 2008. As of October 2024, Wealthfront had over $75 billion AUM across more than 1,000,000 accounts.
Educational Credit Management Corporation (ECMC) is a United States nonprofit corporation based in Minnesota. Since 1994, ECMC has operated in the areas of student loan bankruptcy management and loan collection. ECMC is one of a number of guaranty agencies that oversee student loans for the United States Department of Education. As a guarantor working on behalf of the U.S. Department of Education, ECMC charges fees to debtors and earns commissions from taxpayers by collecting on defaulted student loans pursuant to the Higher Education Act. In return, the U.S. government has retrieved billions of dollars from student loan debtors. From 1994 to 2015, according to ECMC, they returned $4.3 billion to the U.S. Treasury.
Ascensus, LLC. is an American financial services company that provides financial recordkeeping, tax-advantaged savings and retirement plan services. As of 2024, the company reports that it manages more than 14 million accounts and oversees more than $808 billion in assets under administration. Ascensus primarily partners with financial institutions and government agencies to provide services to their employees and clients.
The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019, Pub. L.Tooltip Public Law 116–94 (text)(PDF), was signed into law by President Donald Trump on December 20, 2019 as part of the Further Consolidated Appropriations Act, 2020.
DreamAhead College Investment Plan is a higher education savings program administered by the State of Washington. The plan was created in 2016 by the Washington State Legislature, and statutorily known as the Washington College Savings Plan, and opened for nationwide participation in 2018. It is one of two 529 programs offered by the state, the other being the Guaranteed Education Tuition Program, which is a prepaid program. The programs are supported by Washington College Savings Plans, a division of Washington Student Achievement Council.
The Virginia Retirement System is an independent state agency that administers pension plans, retirement savings plans, and other benefits to public employees in the U.S. state of Virginia. As of 2018, the agency ranks as the 14th largest public or private pension fund in the United States and is the 42nd largest retirement system in the world.