Connect with CollegeInvest
Direct Portfolio
Indexed-Based Investing
- 11 different age-based, blended and individual portfolios
- Partnership of UPromise Investments, Inc.
The Vanguard Group, Inc. - Enroll directly with CollegeInvest
- Minimum to open an
account : $25
$15 with Payroll Direct Deposit - Minimum contribution : $15
- Contributions are dollar-for-dollar deductible against Colorado state income tax3
- Earnings grow tax-free inside the account and qualified withdrawals are made tax-free4
Scholars Choice
Advisor Sold
- Offers age-based, static and individual portfolios
- Legg Mason Global Asset
Allocation, LLC
Legg Mason Investor Services, LLC - Talk to your financial advisor to enroll
- Minimum to open an
account: $250
No minimum with Payroll Direct Deposit - Minimum contribution: $50
- Contributions are dollar-for-dollar deductible against Colorado state income tax3
- Earnings grow tax-free inside the account and qualified withdrawals are made tax-free4
Smart Choice1
FDIC-Insured
- FDIC-Insured Money Market and 1-year CD options
- FirstBank Holding Company, Member-FDIC
- Enroll directly with FirstBank
- No minimum to open account
- No minimum contribution amount
- Contributions are dollar-for-dollar deductible against Colorado state income tax3
- Earnings grow tax-free inside the account and qualified withdrawals are made tax-free4
Stable Value Plus
Guaranteed Fixed-Income2
- Guaranteed fixed income option providing a minimum rate of return and reset annually
- Metropolitan Life Insurance Company of Connecticut (MetLife)
- Enroll directly with CollegeInvest
- Minimum to open an account: $25
- Minimum contribution: $25
- Contributions are dollar-for-dollar deductible against Colorado state income tax3
- Earnings grow tax-free inside the account and qualified withdrawals are made tax-free4
1Smart 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.
2The current rate of return through December 31, 2012 is 3.04% per year net of all fees. The rate of return is reset each year by MetLife and will not go below a minimum of 2%. The minimum rate of return of 2% is prior to any fees or charges payable to CollegeInvest, including an annual administrative fee not to exceed 0.99%. CollegeInvest will post the new annual rate of return each December at www.collegeinvest.org.
3Contributions to the Program in a tax year are deductible from Colorado state income tax up to the extent they are included in your federal taxable income for that year, subject to recapture in subsequent years in which non-qualified withdrawals are made.
4The 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.
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.
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.
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.
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, Distrbutor 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.