Edvest Receives 5-Cap Rating for Third-Straight Year

Edvest College Savings Plan is happy to announce that it received SavingforCollege.com’s 5-Cap Rating for Wisconsin residents for the third consecutive year! Edvest offers attractive plan features such as a Wisconsin state tax deduction, a wide range of investment choices as well as little to no fees, including no sales commissions, no annual maintenance fee, and no application fee. Edvest also received a 4.5-Cap Rating for non-Wisconsin residents.

“We are excited and quite honored to receive a 5-Cap Rating from SavingforCollege.com again this year,” said Jim DiUlio, director of Edvest. “This award recognizes the continued strength and stability of Edvest as one of the country’s leading 529 plans.”

Each year, SavingforCollege.com conducts a nation-wide review of 529 savings plans and assesses multiple factors like performance, cost and reliability. Receiving a 5-Cap rating is an incredible distinction as it demonstrates that a 529 plan like Edvest provide outstanding flexibility, attractive investments as well as additional economic benefits, such as state tax benefits.

*Source: Savingforcollege.com, December 1, 2016.The Edvest College Savings Plan received a 5-Cap Rating for Wisconsin residents and 4.5-Cap Rating for non-residents. A 5-Cap Ratings represents the attractiveness of a 529 plan, relative to all other 529 plans, by assigning an overall rating to each 529 program ranging from 1 Cap (least attractive) to 5 Caps (most attractive). 5-Cap Ratings represent an assessment based on many considerations such as flexibility, liquidity and availability, ownership rights, state benefits, investment approach and safety, program resources and financial aid impact. It is not strictly a measure of historical returns, and it is not a predictor of future investment performance, level of investment risk or financial solvency of the program funds. These ratings are not the result of a fixed formula and a significant portion of the analysis is subjective. Before establishing a 529 account and making contributions, it is imperative that investors read and understand all enrollment materials and disclosures from the programs.