Ten days remain before application deadline The application period for the new ASPIRE529 program, which provides $529 for foster youth aging out of the system to use for expenses related to continuing their education, closes July 31, 2022. “Many young adults face a lot of financial obstacles as they head out into the ‘real world’ […]
A day to recognize the importance of saving for education As thousands of Delaware families prepare to celebrate high school graduations, many pair that joy with fear about how to pay for college. State Treasurer Colleen Davis reminds Delawareans that a DE529 account can alleviate that fear and that 529 Day is a perfect time […]
The College Savings Plans Network (CSPN) has nominated and confirmed Delaware State Treasurer Colleen Davis to its Executive Board. An affiliate of the National Association of State Treasurers (NAST), the CSPN brings together state officials who administer 529 savings plans which offer federal and state tax benefits for people to save for a child’s education. […]
Following assessments and interviews, Morningstar, the nation’s premier plan rating group, has upgraded the DE529 plan from a Bronze to a Silver ranking. Delaware now joins an elite group of 13 Silver-rated plans.
State continues to have one of the lowest-cost investment plans Treasurer Colleen C. Davis announced today a reduction in fees for Delaware’s 529 Education Savings Plan. Already one of the nation’s lowest-cost savings plans, the reduction is estimated to save participants nearly $87,000 total each year and further incentivize new account openings in the Delaware […]