MESP Tops $1Billion In Assets
Growth Reduces Management Fees
State Treasurer Jay B. Rising announced today that the Michigan Education Savings Program (MESP), Michigan’s Section 529 college savings program, has exceeded $1 billion in assets, more than doubling in size since November, 2003. As a result of reaching this milestone current and future account owners will see administrative fees reduced to 0.60% from 0.65% effective July 1,2005. Read about the program
State of Michigan
State Treasurer Jay B. Rising announced today that the Michigan Education Savings Program (MESP), Michigan’s Section 529 college savings program, has exceeded $1 billion in assets, more than doubling in size since November, 2003. As a result of reaching this milestone current and future account owners will see administrative fees reduced to 0.60% from 0.65% effective July 1,2005. Read about the program
State of Michigan
posted by Milt Baker CPA | 2:05 PM
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