35 Minutes to Riches
"Stick with your local 529 if it's a MONEY pick. But if your homegrown options are fee-laden and offer no tax breaks, go with the Utah Educational Savings Plan (800-418-2551;uesp.org). Click on the Forms tab and download the program description and "form 100." Figure on 15 minutes to read, 19 minutes to fill out the agreement, one minute to fax. (35 minutes)"
Money Magazine
October 2007
The Best Way to Save for College
“Rock-bottom fees. If low investment costs are your primary concern, take a look at the Utah Educational Savings Plan Trust.”
Kiplinger’s Personal Finance
September 2007
The Best College Savings Plan Just Got Better
“You will typically find the lowest costs among direct-sold 529s, such as Utah’s Education Savings Plan, with expenses of 0.38% or less.”
Money Magazine
August 2007
Save For College Tax-Free
“Because UESP manages account investments, fees are low, making the Utah plan attractive to investors from across the nation.”
Zions Bank Community magazine
May/June 2007
Morningstar Picks Best, Worst 529s
“Generally speaking, it’s still Utah – which is one of the reasons that it is perennially on top of our list of the best 529 plans. Assuming a conservative rate of return of 5% annually over a 22-year time horizon, it is basically a wash for a smaller investor starting out with $500 and investing $50 a month. But for those contributing more, say $2,000 a year, the Utah plan is clearly the better deal in terms of cost.”
Morningstar, Inc.
May 10, 2007
The Best and Worst 529 College Savings Plans
“The Utah Educational Savings Plan, which is run by the state, remains a top choice due to a diverse lineup of portfolios and low annual expenses, which mostly range from 0.25% to 0.38% across its portfolios.”
Wall Street Journal
March 1, 2007
“Utah has a good thing going with its highly touted Education Savings Plan…and even more people ought to take advantage of it.”
KSL Editorial Board
January 30, 2007 |
