Richmond, Va., June 30, 2021 (GLOBE NEWSWIRE) -- Time is running out for Virginia families to purchase Tuition Track Portfolio Units at its 2020-21 pricing. Today (June 30) is the last day to purchase Units before the price increases.
The Tuition Track Portfolio is an exclusive Invest529 program option for Virginia residents designed to track the average tuition growth at Virginia Public 4-year Universities (Average Tuition) and protect families’ savings by avoiding market risk.
Choose how many Units (or fractions of Units) to purchase year-round, currently priced at $136.36, and the Units will have the same value no matter where a student goes to school, whether it is a 2-year or 4-year public, or private college or university, in-state or outside of Virginia. For every 100 Units purchased, families will receive the value equal to one year of Average Tuition when their student attends college.
Officially launched in early 2021, the Tuition Track Portfolio has resonated with families looking for a flexible investment option that allows them to take the guesswork out of college savings. Nearly 200,000 Units have been purchased, enough for more almost 2,000 years of college tuition for students across the state.
Visit Virginia529.com to learn more about this newest savings option. Families can use the Tuition Track Calculator to estimate how many Units to buy based on their budget and savings goals and open an Invest529 account.
Get started today and purchase your Tuition Track Units before the price goes up.
Contact: Devon Copeland, Virginia529 Senior Communications Associate, (804) 225-2452, dcopeland@virginia529.com
About Virginia529 College Savings Plan:
Virginia529SM makes education more accessible and affordable for families and individuals. With more than $98.9 billion in assets under management and 2.9 million accounts as of May 31, 2021, Virginia529 is the largest 529 plan in the country. Two flexible, affordable, tax-advantaged programs–Invest529SM and CollegeAmerica®–and early commitment scholarship program SOAR Virginia® --assist students of any age in reaching their higher education goals. For more information on Virginia529’s education savings options, visit Virginia529.com or call 1-888-567-0540 to obtain program materials. These include information on Virginia529 programs, investment objectives, risks, charges, expenses, and other important information; read and consider them carefully before investing. All investments are subject to risk, including the possible loss of the money you invest. Virginia529 encourages prospective participants to seek the advice of a professional concerning any financial, tax or legal implications related to opening an account. For residents of states other than Virginia: before investing, you should consider whether your or the beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protections from creditors that are only available for investments in that state’s qualified tuition program. ©2021 Virginia College Savings Plan. All Rights Reserved.
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