The Schwab 529 Education Savings Plan is getting even better.
We're evolving your 529 plan with lower fees, new investment options, and a streamlined experience, all while helping to keep your goals on track.
Look forward to these upcoming enhancements to your 529 savings:
Simplified investment options
Enjoy new portfolios tailored to when your student needs the funds or build your own portfolio.
Lower average costs
Benefit from lower expense ratios so more of your money stays invested.
New program manager
Rely on our new program manager—one with deep expertise in education savings.
What these changes mean for you.
The Schwab 529 Education Savings Plan, sponsored by the State of Kansas and available to families nationwide, is being enhanced to help families get more from their 529 savings.
- For current participants in the Schwab 529 Plan, there's nothing you need to do right now. We'll share more information about the transition by email and/or U.S. mail.
- If you still have a balance in the original Learning Quest 529 Plan (closed to new investors since 2003), your account will transfer to the updated Schwab 529 Plan. You'll receive full details by email and/or U.S. mail.
- If your phone number or mailing address has changed since you opened your 529 account and you haven't updated your contact information, please update it by logging into your account or by calling us at 888-903-3863.
The plan administrator recently completed a competitive bid process to bring in a new program manager, reduce fees, and simplify investment choices. As a result, program management will transition from American Century Investment Management to TIAA-CREF Tuition Financing, Inc. (TFI), a leading provider of 529 plans and a wholly owned subsidiary of TIAA. TFI currently helps more than two million families manage their college savings.*
You'll continue to enjoy:
Your Schwab account view
If you have other Schwab accounts, you'll still see your 529 alongside all your Schwab accounts in the same secure, easy-to-use online account view.
Your client service team
You'll continue to get the same attentive support from our dedicated team of 529 specialists—people who understand education savings and are ready to help.
Your access and tools
You'll still log in through Schwab.com, manage your account as usual, and access all your familiar tools. Plus, enjoy powerful planning tools like our College Savings Calculator and 529 State Tax Calculator, now with enhanced features.
Your nationwide flexibility
The Schwab 529 Plan remains available to families nationwide, and funds can be used at eligible education institutions in any state. Consult with your tax advisor to see if the Schwab 529 Plan aligns with your state-specific tax benefits and financial goals.
What's next?
Keep an eye out for additional details. We'll be sharing important dates, the new investment lineup, an overview of the program updates and enhancements, and information regarding the transfer of your account.
For easy reference, consider bookmarking this page—we'll post all future announcements and important plan information here.
Have more questions?
Call 888-903-3863 for help with 529 accounts.