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Virginia529 lowers investment management fees 70 percent for three Invest529 portfolios

Effective January 2, Virginia529 has changed its investment structure for the Aggressive Growth, Moderate Growth and Conservative Income investment portfolios by eliminating its use of the Vanguard LifeStrategy funds and investing directly into the underlying Vanguard mutual funds of which the LifeStrategy funds are comprised.

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How does the new tax plan change 529 accounts?

On December 22, 2017, a wide-ranging tax reform bill (H.R. 1) was signed into law. The new law is complex and impacts many areas of income, deductions and credits. Both 529 college savings and ABLE disability savings programs received attention in the tax bill, with enhancements and added flexibility added to both types of programs.

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