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Finance moves $ from 529-fund commissions to support UNH; committee approves transfer
2766502 · March 25, 2025
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Summary
The committee approved transferring revenue tied to the state’s 529 plan commission payments to support UNH-related funding in Division 2; sponsors said the commission funds come from Fidelity’s management fees and do not affect individual account holders.
The House Finance Committee approved an amendment to move revenue derived from 529-plan program commissions — funds Fidelity pays to the state under the program’s administrative arrangement — to Division 2 to help support the University of New Hampshire system.
Representative Wyler,…
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