Direct & BlackRock Advisor Plans Receive Silver Ratings in Morningstar’s 2025 Medalist Report
Ohio 529 has announced that both its Direct and Advisor (BlackRock) 529 plans have maintained Silver Medalist ratings in Morningstar’s 2025 annual assessment. Among 59 plans evaluated, only 31 earned Bronze or higher, while only 13 achieved Silver, including both Ohio plans. The ranking continues to underscore Ohio’s position as the only state with both plan types rated Silver this year.
Specifically, Morningstar praised the Ohio 529 Direct Plan for its ‘thoughtful design and steady oversight,’ earning an Above Average Process and Parent rating. The BlackRock Advisor Plan retained Silver for its ‘research-driven design, strong oversight, and a rigorously engineered glide path,’ supported by BlackRock’s deep expertise.
“The Morningstar ratings are a reflection of investment quality, state stewardship and the construction of our portfolios, which speaks volumes about the strength of Ohio 529 plans,” said Trisha Good, Executive Director of Ohio 529. “We’re honored by this recognition and remain committed to helping savers determine the best plan options to help fund their child’s higher education.”
Year-End Reminder: Ohio taxpayers can deduct up to $4,000 per beneficiary on their 2025 state tax return. Any unused amount may be carried forward into future years. To qualify for 2025, any final contributions must be received in good order before 4 p.m. ET on December 31, 2025.
Roll Over Unused Funds to a Roth IRA: Following federal changes in 2024, unused 529 funds may be converted into a Roth IRA, offering greater flexibility for families whose children choose alternative paths or receive scholarships.
“Now, you’re not only giving your kids a jumpstart on their education goals, but you’re also helping jumpstart their retirement savings,” said Good.
Funds in Ohio 529 accounts can be used across a wide spectrum of qualifying expenses, including four-year public or private colleges, two-year community colleges, technical/trade schools, certificate programs, apprenticeships, tuition, fees, room and board, books, computers, supplies, up to $10,000 for student loan repayments, and expanded K–12 eligibility beginning 2026.
With over $20.23 billion in assets and more than 683,000 accounts as of September 2025, Ohio’s 529 stands strong as the seventh-largest plan nationwide.
For more information, please visit www.collegeadvantage.com.
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