CollegeInvest Smart Choice College Savings PlanSM
A CollegeInvest 529 College Savings Plan Offered By FirstBank
CollegeInvest partnered with FirstBank, the largest locally owned banking organization in Colorado, to offer the CollegeInvest Smart Choice College Savings Plan. The Plan provides the benefits of a 529 plan along with the stability and security of a savings account . Plus, it’s the only 529 savings plan in Colorado that is FDIC-insured¹ and provides a state income tax deduction.
The CollegeInvest Smart Choice College Savings Plan offers a variety of benefits to you as an investor. Please read through the plan below to see how this 529 savings fund can fit your investment needs.
» read more details about the Smart Choice College Savings Plan
The Smart Choice Plan offers two FDIC-insured savings options: a Money Market Savings and a 1-Year Time Savings.
» read more about the 529 investment options for the Smart Choice 529 Fund
Current Interest Rate
*Source: savingforcollege.com, September 2012. The Direct Portfolio Plan received a 5-Cap rating for Colorado residents. 5-Cap Ratings represent the attractiveness of a 529 plan, relative to all other 529 plans, by assigning an overall rating to each 529 program ranging from 1 Cap (least attractive) to 5 Caps (most attractive). 5-Cap Ratings represent an assessment based on many considerations such as flexibility, liquidity and availability, ownership rights, state benefits, investment approach and safety, program resources and financial aid impact. It is not strictly a measure of historical returns, and it is not a predictor of future investment performance, level of investment risk or financial solvency of the program funds. These ratings are not the result of a fixed formula and a significant portion of the analysis is subjective. Before establishing a 529 account and making contributions, it is imperative that investors read and understand all enrollment materials and disclosures from the programs.
1 Smart Choice College Savings Plans are not insured by CollegeInvest, the State of Colorado, or its agencies. However, these funds are FDIC-insured in accordance with the current FDIC coverage limits.
To learn about CollegeInvest’s 529 program, its objectives, risks, charges, limitations, restrictions and qualifications regarding the Plans’ benefits and potential tax advantages, please read the Program Disclosure Statements (PDS) available at www.collegeinvest.org. Also, check with your home state to learn if it offers tax or other benefits for investing in its own plan. CollegeInvest and the CollegeInvest logo are registered trademarks. Administered and Issued by CollegeInvest.
Capacity of Dealer and Other Parties
CollegeInvest is the issuer of plan securities and is the trustee of the plans in accordance with Colorado law. CollegeInvest also oversees the Managers' activities and provides certain administrative services, such as marketing, audit, and financial statements, in connection with the plans.
FirstBank serves as the Plan Manager for the CollegeInvest Smart Choice College Savings Plan and has overall responsibility for the day-to-day operations, including effecting transactions. FirstBank also assists CollegeInvest with marketing and distributing the CollegeInvest Smart Choice College Savings Plan.
CollegeInvest and the CollegeInvest logo are registered trademarks. Smart Choice is a registered service mark of CollegeInvest.
FirstBank - Member FDIC