Peace of mind, from day one to graduation day.
It's not easy being a parent. Saving for college can be with CollegeChoice 529.
You control your 529 funds.
The account and invested funds remain in your name. This means you can:
- determine when to withdraw the funds
- decide which qualified education costs to use the funds for
- change the beneficiary to another qualified family member1
- receive detailed quarterly statements.
- rollover your 529 savings into an IRA if they are no longer needed for education*
You decide how your money is invested.
You should always be comfortable with your 529 investments. That's why the CollegeChoice 529 offers:
- Broad investment options, including a simplified Year of Enrollment Option
- Online account access, so you can contribute, exchange assets,2 make qualified withdrawals, and update your personal information 24/7.
1 Section 529 defines a family member as: a son, daughter, stepson or stepdaughter, or a descendant of any such person; a brother, sister, stepbrother, or stepsister; the father or mother, or an ancestor of either; a stepfather or stepmother; a son or daughter of a brother or sister; a brother or sister of the father or mother; a son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-in-law, or sister-in-law; the spouse of the beneficiary or the spouse of any individual described above; or a first cousin of the beneficiary. Gift or generation-skipping transfer taxes may apply. Please consult with your tax advisor for further information.
2 Federal law permits you to move the assets in your CollegeChoice 529 account to a different mix of investment options twice per calendar year.
* Subject to eligibility requirements. Please see the Program Description for more information.
