Best low-risk 529 plans

For parents saving for their kids' college, a 529 savings plan still makes sense - as long as it offers good, low-risk investment options and doesn't eat up too much in fees. These three make the grade.

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Illinois
Fund: Illinois Bright Start College Savings Program -- Direct-Sold Plan

Web site: brightstartsavings.com

Manager: Oppenheimer, Vanguard

Expenses: 0.20% to 0.63%

Low-risk option: Principal protection fund, up 2.5% last year

What it offers: Some excellent Vanguard age-based index-fund options that cost as little as 0.20%
NEXT: Ohio
Last updated April 17 2009: 8:51 AM ET
Source: Savingforcollege.com; plan websites.
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