Program Changes-February 28, 2022

Vestwell Holdings, Inc. has acquired the ​NextGen 529 Program Manager, Sumday Administration, LLC, formerly a U.S. subsidiary of The Bank of New York Mellon. As a result of such transaction, Sumday is no longer affiliated with The Bank of New York Mellon. Sumday will continue to act as Program Manager. The Bank of New York Mellon will continue to provide custody, fund accounting, and recordkeeping services and will continue to be permitted to delegate certain of its responsibilities to its affiliates.

This and other changes, including an increase to the Maximum Contribution Limit, changes to Federal Gift Tax limitations, and the addition of a Maine Administration Fee in the Client Direct Series, are described in the Supplements linked below.


Download DIRECT Series Program Description

Download SELECT Series Program Description