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CollegeInvest 529 Plans
CollegeInvest is the state administrator of four distinct college savings plans which should suit any investor’s needs. As a not-for-profit division of the Colorado Department of Higher Education, it is our mission to be a trusted resource to help further education aspirations. To that goal, we have carefully selected some of the leading national money managers to offer a wide variety of investment options.
These four plans offer Colorado residents a state tax deduction on contributions.1
CollegeInvest Direct Portfolio College Savings Plansm
Available directly through CollegeInvest, this plan offers combinations of equity, money market, and fixed-income options.
Managed by The Vanguard Group and Upromise Investments, Inc.
Learn more about the Direct Portfolio College Savings Plan
CollegeInvest Scholars Choice College Savings Programsm
Available ONLY through financial advisors, this plan also offers a combination of equity, money market, and fixed-income options.
CollegeInvest Smart Choice College Savings Plansm
The ONLY FDIC-insured 529 savings account with the Colorado state income tax deduction1. Options include a Money Market or a One Year Time Savings product. Available online or at any of the FirstBank locations in your community.
Managed by FirstBank Holding Corp.
Learn more about the Smart Choice College Savings Plan
CollegeInvest Stable Value Plus College Savings Plansm
A guaranteed fixed-income fund available directly through CollegeInvest.
Managed by Metropolitan Life Insurance Company of Connecticut
Learn more about the Stable Value Plus College Savings Program
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 are made.
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.
Investments are not guaranteed by CollegeInvest, the State of Colorado, its agencies, The Vanguard Group, Inc., Upromise Investments, Inc., Legg Mason Global Asset Allocation, LLC, or FirstBank, and may lose value, including principal amount invested. The guarantee of Stable Value Plus College Savings Plans is the obligation of MetLife and only to the extent of the Funding Agreement. 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.
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.
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. also serves as Plan Manager and Investment Manager for the CollegeInvest Direct Portfolio College Savings Plan, and Vanguard Marketing Corporation, an affiliate of The Vanguard Group, Inc., assists CollegeInvest with marketing and distributing the Direct Portfolio Plan. The Direct Portfolio Plan’s portfolios, although they invest in Vanguard mutual funds , are not mutual funds and you could lose money by investing in the plan. Vanguard Marketing Corporation, Distributor and Underwriter.
Legg Mason Global Asset Allocation, LLC, Investment Manager for the CollegeInvest Scholars Choice College Savings Program. Legg Mason Investor Services, LLC is the primary distributor of interest in the Program; together they serve as Manager of the Program.
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. FirstBank - Member FDIC.
The MetLife Insurance Company serves as the Investment Manager for the CollegeInvest Stable Value Plus College Savings Plan. CollegeInvest has overall responsibility for the day-to-day operations, including effecting transactions.
CollegeInvest and the CollegeInvest logo are registered trademarks of CollegeInvest. CollegeInvest Direct Portfolio College Savings Plan, Scholars Choice, CollegeInvest Smart Choice College Savings Plan, and CollegeInvest Stable Value Plus College Savings Plan are registered service marks of CollegeInvest. Vanguard is a trademark of The Vanguard Group, Inc. Upromise is a registered service mark of Upromise, Inc.