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News Summary: Morningstar updates 529 plan ratings

The Associated Press
Monday, 15 Oct 2012 | 3:45 PM ET

WITH HONORS: College savings plans offered through four states earned top marks from Morningstar in the company's annual update to ratings of so-called 529 plans. The four are Alaska's T. Rowe Price College Savings Plan; the Maryland College Investment Plan; Nevada's Vanguard 529 Savings Plan; and the Utah Educational Savings Plan.

PRETTY GOOD: Four other plans earned silver-medal honors from Morningstar. Those 529 plans are sponsored by Arkansas, Michigan, Ohio and Virginia.

THE REST: Nineteen plans were rated bronze, 33 "Neutral" and four "Negative."

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