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A 529 is an educational savings plan where your money grows tax-free as long as it’s used for specific expenses, ranging from tuition to room and board to laptops, printers, and more. 529s can be used at eligible schools across the country, including trade schools, community colleges, and even apprenticeships. The CollegeInvest 529 Plan is the only 529 plan to offer a state tax deduction for contributions by Colorado taxpayers.
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Jump-start your child’s savings with a $121 contribution from us. First Step is a program passed by the Colorado legislature and CollegeInvest offering a $121 gift for every newborn or adopted child in Colorado on or after January 1, 2020. Jump-start your way to saving for their higher education.
As a grandparent, you can invest in your grandchild’s higher education goals by opening a CollegeInvest 529 Savings Account or contributing to their existing 529 Savings Account. Learn about the benefits of a 529 Savings Plan and how you can plan for your grandchild’s future.
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