529 High yield savings or CD

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jvini
Posts: 85
Joined: Tue Apr 06, 2010 11:55 am

529 High yield savings or CD

Post by jvini » Thu Dec 06, 2018 5:21 pm

Hi all. We've had a Vanguard 529 for a long time. Now that my daughter will be a freshmen and we've saved enough to pay for school I want to shift the money into a safe investment. Unfortunately Vanguard's Accumulation Portfolio option only pays .3% after expense ratio. Has anyone rolled over their 529 to another company offering a 529 savings account or CD's paying 2-4% respectively? Or do people just make no interest on quite a bit of college money. About 250k. Thanks.

Flyer24
Posts: 451
Joined: Sun Apr 08, 2018 4:21 pm

Re: 529 High yield savings or CD

Post by Flyer24 » Thu Dec 06, 2018 5:38 pm

The annual return on the accumulation portfolio is 1.88%. Where are you getting .3?

jvini
Posts: 85
Joined: Tue Apr 06, 2010 11:55 am

Re: 529 High yield savings or CD

Post by jvini » Thu Dec 06, 2018 8:30 pm

Expense ratio 1.5. according to customer service. Actually .15. jeez! C'mon Vanguard.

Flyer24
Posts: 451
Joined: Sun Apr 08, 2018 4:21 pm

Re: 529 High yield savings or CD

Post by Flyer24 » Thu Dec 06, 2018 8:35 pm

FYI. The expense ratio is already included in the return percentage.

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