The Education Plan® is Recognized as One of the 529 Plans in the U.S. Offering Socially Responsible Investment Options

For Immediate Release
Contact: Joanie Griffin
505.261.4444
jgriffin@sunny505.com

Santa Fe, NM – October 19, 2022 –The Education Plan®—New Mexico’s 529 college savings plan—was recently highlighted as one of a small percentage of 529 plans throughout the nation to offer socially responsible investment options. The analysis performed by ISS Market Intelligence considered the percentage of assets, account investment positions, net and gross sales of age-based investment options and investment management approaches, as well as whether they offered Environmental, Social and Governance (ESG) investing options.

As younger generations continue to save and invest and plan for either their ongoing education or those of loved ones, the desire for sustainable and responsible investing options is on the rise. According to Morning Consult’s 2022 Sustainability Report, 55% of Gen Z and Millennials have allocated investments to ESG-related funds, compared to 23% of Gen X investors and only 15% of Baby Boomer investors.

“We offer investors a robust investment menu, including an option for those participants who prefer to invest in alignment with their personal values,” said Natalie Cordova, Executive Director of Education Trust Board of New Mexico, the organization that administers The Education Plan®, New Mexico’s 529 education savings plan. “We’re proud to have options to choose from, such as ESG, as well as our commitment to providing our account holders with excellent service. We are thrilled to be recognized by ISS and look forward to continuing to help individuals and families save for future educational goals.”

The Education Plan® is a tax-advantaged account designed to help pay for future education expenses, with flexible options and no required minimum contribution. Invested funds can be used to pay for qualified education expenses at universities, community colleges, trade schools, or vocational schools across the United States.

To learn more about The Education Plan® or to open an account today, visit TheEducationPlan.com.

 

For Media Inquiries

Use the form below to contact our team.

SIGN UP & STAY CONNECTED

SIGN UP FOR OUR NEWSLETTER

FOLLOW US
ON SOCIAL MEDIA

The Education Plan® and The Education Plan® Logo are registered trademarks of The Education Trust Board of New Mexico used under license.

Privacy & Cookie Policy

Phone: 1-877-337-5268
We're available Monday to Friday 8 a.m. to 7 p.m. MT

OPEN AN ACCOUNT LOGIN
VIEW LEGAL DISCLOSURE

For more information about The Education Plan, call 1.877.337.5268 or view the Plan Description and Participation Agreement, which includes investment objectives, risks, charges, expenses, and other important information; read and consider it carefully before investing.

Please Note: Before you invest, consider whether your or the beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state’s qualified tuition program. You also should consult a financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state’s 529 plan(s), or any other 529 plan, to learn more about those plan’s features, benefits and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.

The Education Plan is administered by The Education Trust Board of New Mexico. Ascensus College Savings Recordkeeping Services, LLC, the Program Manager, and its affiliates, have overall responsibility for the day-today operations, including investment advisory, recordkeeping and administrative services. The Education Plan’s portfolios invest in: (i) mutual funds; (ii) exchange traded funds; and/or (iii) a funding agreement issued by New York Life. Investments in The Education Plan are not insured by the FDIC. Units of the portfolios are municipal securities and the value of units will vary with market conditions.

Investment returns will vary depending upon the performance of the portfolios you choose. You could lose all or a portion of your money by investing in The Education Plan depending on market conditions. Account owners assume all investment risks as well as responsibility for any federal and state tax consequences.

Ugift is a registered service mark of Ascensus Broker Dealer Services, LLC.

The Education Plan® and The Education Plan® Logo are registered trademarks of The Education Trust Board of New Mexico used under license.

All other marks are the exclusive property of their respective owners.

Not FDIC-Insured. No Bank, State or Federal Guarantee. May Lose Value.