CollegeChoice Advisor highlights.
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 $17,000 per beneficiary each year ($34,000 for married couples filing jointly), without incurring gift-tax consequences
- Choose a special election that allows you to treat a $85,000 contribution ($170,000 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 $50)
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.
Easier with family
With Ugift®, invite family and friends to celebrate special events by contributing to your 529 account.
