Wisconsin and voya investment management reduce fees on tomorrow's scholar 529 program

New york--(business wire)--wisconsin's department of financial institutions announced today that it has reduced its state fee on its tomorrow's scholar 529 program to six basis points – a 40 percent reduction in fees since 2018. in addition, voya investment management, the asset management business of voya financial, inc. (nyse: voya), and the program's manager reduced its age-based fees by an average of 4 percent. “the state fee reductions are part of our ongoing commitment to low costs for pa
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