529

By Terry Savage on October 22, 2023 | College Savings / Student Loans

I’m in the Brightstart plan. I want to move my funds into their MMF or Bank account as listed in the investment options. When I look at the investment results YTD for these options they show a 0% return. Does that mean they are not paying any interest? Thanks

Terry Says

Oops, you’re looking at the wrong column. The “zero” is for percentage change in value year-to-date, NOT the earnings.
Money market funds and CDs never change principal value — ie, you can’t LOSE principal in them.

Use this link to see the current APY, over 5%, on the bank savings portfolio.
https://www.brightstart.com/performance/quarterly/?portfolio=individual

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