Not Just Kids Stuff

The CollegeInvest College Savings Program is so flexible, anyone with a social security number or taxpayer identification number and a permanent U.S. address can be an account owner or a beneficiary.

Set yourself up as the account owner and name your beneficiary as:

• Your children
• Grandchildren
• Nieces and Nephews
• Even YOURSELF!!!

Don’t worry about naming the beneficiary. Although you do have to designate a beneficiary when you open the account, you can change it to another family member any time at a later date without an income tax penalty.¹

Whether you plan on saving for yourself to go back to school or a special child in your life, it is never too late to start saving and getting the Colorado state tax deduction with CollegeInvest.²

To learn more about how CollegeInvest can help you or a family member continue their education, visit our CONTINUING EDUCATION section.

 ¹ Restrictions apply. Please see the Plan Disclosure Statements.
 ² 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 are made.

Important Considerations

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.