Why CollegeInvest 529s?

Three numbers can make a big difference in your grandchild’s future.

The CollegeInvest 529 college savings program is the state-sponsored plans that carry a variety of tax benefits and other considerations that help you save for college tuition and other eligible expenses. Experts agree 529 plans are one of the best ways for grandparents, parents and individuals to save:

• State Tax Benefits: If you are a Colorado resident, every dollar you contribute to a CollegeInvest college savings plan can be deducted from your Colorado state taxable income.¹
• Federal Tax Benefits: Earnings grow federal and state tax free, so every dollar you save for college can work harder. Withdrawals for qualified higher education expenses aren’t taxed on your Federal or Colorado state tax return.²
• Nationwide Access: Savings can be used nationwide at any eligible public or private college, university, vocational or trade school.
• Account Control: The account owner, typically the parent, controls the assets throughout the duration of the account holdings. And, the account owner decides when and how the money is withdrawn.
• Beneficiary Options: You can change the beneficiary on the account at anytime. If the student decides not to attend college or receives a scholarship , you can name a new beneficiary (someone else in the family, even yourself).³
• Easy to Open: Accounts can be opened in minutes with as little as $25. And automatic transfers to your account make adding funds easy to accomplish.⁴

 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.

 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.

 ³ Restrictions apply. Please see the Plan Disclosure Statements.

 ⁴ A plan of regular investment cannot assure a profit or protect against a loss in a declining market.

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.