The Oregon College Savings Plan has released investment returns for its 15 investment portfolios for the third quarter of the year ending September 30, 2016. Performance is listed in the following table for all portfolios in the Plan, along with performance for a benchmark index. Since the Age-Based Investment Portfolio is made up of nine different sub-portfolios, performance for each age band and its relevant benchmark is also included in the table.
According to the report America’s Divided Recovery by the Georgetown University Center on Education*, American workers with at least some post-secondary education now make up 65 percent of the total employment; bachelor’s degree holders now earn 57 percent of all wages.
“This report showed that for the first time in the post-recession economy, college graduates make up a larger share of the workforce than workers with a high school diploma or less,” stated Michael Parker, executive director for the Oregon 529 Savings Network. “A college education is more important than ever, and the best way for families to prepare is to proactively save early and often.”
Any earnings in the Oregon College Savings Plan used to pay for qualified higher education expenses are federal and Oregon state income tax-free. Oregon taxpayers may also be eligible for an Oregon state tax deduction (limitations apply, see the Disclosure Booklet).
Daily and quarterly performance is also available on the Oregon College Savings Plan website at www.OregonCollegeSavings.com. All investment returns are reported net of fees.
About The Oregon College Savings Plan
The Oregon College Savings Plan, which is part of the Oregon 529 Savings Network, launched in January 2001 and has grown to more than $1.3 billion in assets as of September 30, 2016. The plan is managed by TIAA‐CREF Tuition Financing, Inc. For more information about the Oregon College Savings Plan, its investment options and how to enroll, visit OregonCollegeSavings.com or call toll free 866‐772‐8464. Follow the Oregon College Savings Plan on Facebook.com/OregonCollegeSavings and Twitter.com/OregonCSP; all social media platforms are managed by the state of Oregon.
Click for information regarding the Portfolio Performance for the Period Ending September 30, 2016.
