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View More Press Releases by Ascensus
Press release:
Ascensus Selected as Recordkeeper for TIAA's 529 Programs |
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Issued by: Ascensus Date: Sept. 11, 2019 |
| September 11, 2019 -- TIAA recently announced its selection of Ascensus as recordkeeper of choice for its $28 billion 529 education savings accounts business. TIAA's 529 assets will be converted from the previous recordkeeper, DST. TIAA is currently the third-largest 529 program manager in the country, with plans in seven states, representing about 1.3 million accounts. This represents an exciting milestone for Ascensus' Government Savings business line, as we continue to build our reputation as the 529 market leader and #1 529 program manager for assets under management. "After a careful review of several providers based on broad criteria, the highest scoring bidder across all criteria was Ascensus," TIAA-Cref Tuition Financing president Christopher Lynch said in a statement. "Ascensus demonstrated that they can deliver a superior customer experience now and have the ability to maintain that superior customer experience going forward." BL:hh |
View More Press Releases by Ascensus
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This is a press release issued by the company named above. BenefitsLink is not the author. Use of any information obtained from this release is voluntary, and reliance on it should only be undertaken after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink. |
