Understanding the Fees: What You Might Pay
529 plan fees vary based on the state, the plan provider, and the investment choices you make. Merrill offers access to specific state-sponsored plans, including the NextGen 529 (offered by the state of Maine).
Let’s break down the key types of fees associated with the 529 plans you may access through Bank of America:
1. Account Maintenance Fees
Some plans charge an annual maintenance fee, often between $10 and $25 per year. However, this fee is usually waived if you sign up for electronic statements or if your account balance exceeds a certain threshold.
529 plan fees vary based on the state, the plan provider, and the investment choices you make. Merrill offers access to specific state-sponsored plans, including the NextGen 529 (offered by the state of Maine).
Let’s break down the key types of fees associated with the 529 plans you may access through Bank of America:
1. Account Maintenance Fees
Some plans charge an annual maintenance fee, often between $10 and $25 per year. However, this fee is usually waived if you sign up for electronic statements or if your account balance exceeds a certain threshold.
529 plan fees vary based on the state, the plan provider, and the investment choices you make. Merrill offers access to specific state-sponsored plans, including the NextGen 529 (offered by the state of Maine).
Let’s break down the key types of fees associated with the 529 plans you may access through Bank of America:
1. Account Maintenance Fees
Some plans charge an annual maintenance fee, often between $10 and $25 per year. However, this fee is usually waived if you sign up for electronic statements or if your account balance exceeds a certain threshold.
529 plan fees vary based on the state, the plan provider, and the investment choices you make. Merrill offers access to specific state-sponsored plans, including the NextGen 529 (offered by the state of Maine).
Let’s break down the key types of fees associated with the 529 plans you may access through Bank of America:
1. Account Maintenance Fees
Some plans charge an annual maintenance fee, often between $10 and $25 per year. However, this fee is usually waived if you sign up for electronic statements or if your account balance exceeds a certain threshold.
529 plan fees vary based on the state, the plan provider, and the investment choices you make. Merrill offers access to specific state-sponsored plans, including the NextGen 529 (offered by the state of Maine).
Let’s break down the key types of fees associated with the 529 plans you may access through Bank of America:
1. Account Maintenance Fees
Some plans charge an annual maintenance fee, often between $10 and $25 per year. However, this fee is usually waived if you sign up for electronic statements or if your account balance exceeds a certain threshold.
529 plan fees vary based on the state, the plan provider, and the investment choices you make. Merrill offers access to specific state-sponsored plans, including the NextGen 529 (offered by the state of Maine).
Let’s break down the key types of fees associated with the 529 plans you may access through Bank of America:
1. Account Maintenance Fees
Some plans charge an annual maintenance fee, often between $10 and $25 per year. However, this fee is usually waived if you sign up for electronic statements or if your account balance exceeds a certain threshold.
529 plan fees vary based on the state, the plan provider, and the investment choices you make. Merrill offers access to specific state-sponsored plans, including the NextGen 529 (offered by the state of Maine).
Let’s break down the key types of fees associated with the 529 plans you may access through Bank of America:
1. Account Maintenance Fees
Some plans charge an annual maintenance fee, often between $10 and $25 per year. However, this fee is usually waived if you sign up for electronic statements or if your account balance exceeds a certain threshold.