Need to get on the fast track to a better career?
Looking for a more marketable skill set?
Or maybe you just need an additional certification or license.
A CollegeInvest 529 college savings plan can provide the pathway to accomplishing your goals. These tax-advantaged savings plans are optimized to complement other funding sources. They are easy to start-up and you’re more quickly on your way to meeting your goal – especially with automatic deposits.
- Your savings can be used to cover the costs of eligible tuition, books, supplies and certain fees.
- The funds in your account can be used at any eligible college, university, community college, trade or vocational school nationwide.
- Every dollar you contribute to a CollegeInvest plan can be deducted from your Colorado state income tax.1
- Also, your funds in the account grow federal and Colorado state tax-deferred and withdraws used for qualified higher education expenses are federal and Colorado income tax-free.2
Save for your college plans. Save on your taxes as well.
Learn more about 529s
Learn more about CollegeInvest 529 College Savings Plans
Review an Enrollment Checklist
If there is a specific school you are interested in and would like to know if a CollegeInvest savings plan can be used there, visit http://www.savingforcollege.com/eligible_institutions/.
1 Contributions to the Plan(s) are deductible from Colorado State income tax in the tax year of the contribution
, up to your Colorado taxable income for that year. Such deductions are subject to recapture in subsequent years in which non-qualified withdrawals
2 The earnings portion of a non-qualified withdrawal is subject to federal income taxes and any applicable state income tax, as well as an additional 10% federal penalty tax.
To learn about CollegeInvest’s 529 program, its objectives, risks, charges, expenses, limitations, restrictions and qualifications regarding the Plans’ benefits and potential tax advantages, please read and consider carefully the Program Disclosure Statements (PDS) available at www.collegeinvest.org before investing. Also, check with your or your beneficiary’s home state to learn if it offers tax or other benefits for investing in its own plan. Administered and issued by CollegeInvest.
CollegeInvest and the CollegeInvest logo are registered trademarks of CollegeInvest.