ScholarShare 529 account owner information, including historical information, account preferences and investment selections will automatically transition to the new administrative platform.
For details about the enhancements, please click on the Transition Guide below. A full Plan Description which is effective January 27, 2020 can also be accessed below.
Because your ScholarShare 529 account number will change and the ScholarShare 529 Plan’s bank routing information will change with the transition to the new administrative platform, any direct deposit contributions submitted by employers after January 23 will be rejected and returned unless direct deposit contributions are re-established. If you currently contribute to your account through payroll direct deposit, you should have received a letter containing instructions to update your payroll instructions. If you did not receive this letter, please contact us at 1-800-544-5248.