CollegeChoice Advisor highlights.

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Anyone can participate

There is no income limit to participate.

Low minimums to open

Establish an account with as little as $25, and make monthly automatic contributions of just $25 or more.

High account maximums

More than one person can contribute to the same account until total contributions reach $450,000. After that, the account can grow only through investment earnings.

Gift and estate tax advantages

  • Contribute as much as $14,000 per beneficiary each year ($28,000 for married couples filing jointly), without incurring gift-tax consequences
  • Choose a special election that allows you to treat a $70,000 contribution ($140,000 married filing jointly) as if it was made over a five-year period.1

Low fees

  • Overall, CollegeChoice Advisor's costs are comparatively low. Actual fees vary by investment option; talk to your advisor or refer to the Disclosure Statement for more information.

Choice of contribution options

  • Electronic funds transfer (opening contribution of $25) from your checking or savings account
  • Automatic investment plan2 (opening contribution of $25) with scheduled contributions in set amounts from your checking or savings account
  • Payroll direct deposit (of $25 or more) through participating employers
  • Check (made payable to CollegeChoice Advisor)
  • Rollover from another 529 plan
  • Rollover from an Education Savings Account or a qualified Series EE or Series I U.S. Savings Bond
  • Transfer from an UGMA/UTMA account
  • Ugift (minimum of $25)
  • Upromise rewards (minimum of $25)

 

1 In the event the donor does not survive the five-year period, a pro-rated amount will revert to the donor's taxable estate. 

2 An investment plan of regular investment cannot assure a profit or protect against a loss in a declining market.