Direct Portfolio Plan Details
| You can open and manage your account online. You can also choose to receive email notifications when your account statements and transaction confirmations are available online. Enroll now! |
| Enrollment is free. Effective December 1, 2009, the asset-based management fee is 0.52%. If neither the account owner nor beneficiary are Colorado or Wyoming residents, a $20 annual account maintenance fee will also apply, unless the account balance is over $10,000 or the account owner has registered for e-delivery of statements. |
| You can start with as little as $25 and contribute whenever you want. The minimum for each additional contribution is only $15. |
| You can contribute by automatic investment, electronic bank transfer, check, or by rolling over assets from other qualified college savings vehicles. |
| Take advantage of Upromise® rewards, a free service that returns a percentage of your eligible spending at hundreds of America's leading companies and can transfer that money periodically to your plan account. |
| Choose from three age-based options that automatically shift your assets to more conservative investments as your beneficiary nears college, and five blended and three individual portfolios in which your assets remain invested until you instruct the plan otherwise. You can select up to five of these investments for your account. |
| You can contribute on behalf of a student until the total balance of all CollegeInvest 529 plan accounts held for the same beneficiary reaches an aggregate maximum balance, which is currently $280,000. This includes accounts held in the CollegeInvest Direct Portfolio College Savings Plan and other 529 plans sponsored by the State of Colorado. |
| You may be eligible for additional tax benefits. |
| Recordkeeping and related services for the plan are managed by Upromise Investments, Inc.; investment management and customer service are provided by Vanguard. |
| As a CollegeInvest Direct Portfolio College Savings Plan account owner, you can enjoy 24-hour access to your account. View your statements, submit contributions electronically, maintain your account, download or request account maintenance forms, and obtain performance information any time you like. If you open more than one account, you can view them all with one user name and password. |
For more information about the tax benefits of the CollegeInvest Direct Portfolio College Savings Plan, see the Direct Portfolio Plan Disclosure Statement. To get started with the plan, download or request an enrollment kit online.
For more information about the CollegeInvest Direct Portfolio College Savings Plan, click here to obtain a Plan Disclosure Statement and Participation Agreement, which include investment objectives, risks, charges, expenses, and other information; read and consider them carefully before investing.
Important Considerations
Official Statement
Please read the applicable Plan Disclosure Statements carefully before investing. They explain certain risks, fees, limitations, restrictions and qualifications regarding the Plans’ benefits and potential tax advantages. Plan Disclosure Statements can be found at www.collegeinvest.org. Investments in CollegeInvest Plans are not guaranteed by the state of Colorado or any other governmental entity, and may lose value, including principal amount invested. Administered and issued by CollegeInvest.
Home State
If you or your designated beneficiary are a resident of a state other than Colorado, before investing you should check with your home state to see if it offers a 529 program. That program may offer state tax or other benefits to residents of that state that may not be available to investors in programs of other states.
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.
Vanguard and Upromise
Upromise Investments, Inc., serves as Plan Manager for the CollegeInvest Direct Portfolio College Savings Plan and has overall responsibility for the day-to-day operations, including effecting transactions. The Vanguard Group, Inc., serves as Plan Manager and Investment Manager for the CollegeInvest Direct Portfolio College Savings Plan. Vanguard Marketing Corporation, an affiliate of The Vanguard Group, Inc., also assists CollegeInvest with marketing and distributing the CollegeInvest Direct Portfolio College Savings Plan.
Vanguard Marketing Corporation, Distributor and Underwriter for the CollegeInvest Direct Portfolio College Savings Plan.
CollegeInvest and the CollegeInvest logo are registered trademarks. Vanguard is a trademark of The Vanguard Group, Inc. Upromise is a registered service mark of Upromise, Inc. |