Vanguard, the leading provider of 529 college savings plans, has earned a silver rating for its Pennsylvania 529 Investment Plan, Ohio's CollegeAdvantage 529 savings Plan, and its Vanguard 529 College savings Plan. Vanguard is estimated to own 30% of assets under management for 529 plans, more than any other firm.
In a letter to the pension plan board, Mr. McRae, Vanguard's chief financial officer, said that ESG (environmental, social, and governance) standards are very important to the company and that it is working to integrate them into its 529 plans. He noted that the company has already implemented ESG standards with its $32 billion Future Scholar 529 College savings Plan Financial Advisor Program.
The 529 plans from Vanguard are largely regarded as the best in the market. They offer an array of features, including low fees, tax-advantaged Investment, and a wide selection of Investment options. They also provide an easy-to-use online platform and a customer service team that is ready to assist with any questions.