The Direct Portfolio Plan is our most popular and you can open your account online in just minutes. You can open your account(s) with as little as $25 and make additional contributions for a minimum of $15. You can contribute by check, automatic investment, direct deposit, electronic bank transfer, or rolling over assets from another qualified educational savings vehicle.
Online Enrollment
You can open your account online in just minutes. Enrollment is free.
Access 24/7
As a CollegeInvest Direct Portfolio account owner you enjoy 24-hour access to your account to view your statements, submit contributions electronically, maintain your account, and download or request account maintenance forms. If you have multiple accounts you can view them all at once.
You can also choose to receive email notifications when your account statements and transaction confirmations are available online. Sign up now and stay on top of your goals!
Direct Portfolio requires two-factor authentication for enhanced account security. When you open your account (or login to an existing account) you will see the prompt and easy-to-follow instructions to securely access your information.
Low Minimum Investment
You can start with as little as $25 and contribute whenever you want. The minimum for each additional contribution is only $15. You can contribute by check, automatic investment, direct deposit, electronic bank transfer, or rolling over assets from other qualified college savings vehicles.
High Account Maximum
You can contribute on behalf of a student until the total balance of all CollegeInvest 529 plan accounts held for the same beneficiary reaches an aggregate maximum balance of $400,000.
Low Fees (Effective November 1, 2020)
Colorado Residents: the asset-based management fee is 0.32%.
Out of State Residents: the asset-based management fee is 0.32% plus a $20 annual account maintenance fee unless you have elected electronic delivery of all Plan documents, or the account balance is over $10,000.
Tax Benefits
Your savings grow tax-deferred as long as they remain in your account. If you are a Colorado taxpayer, your contributions can be deducted dollar for dollar from your Colorado taxable income. (Anyone can contribute directly to your Direct Portfolio account, and if they are a Colorado taxpayer they receive the same benefit on their personal Colorado taxable income.)*
Opportunity to Earn Free Money for College
Take advantage of Upromise®, a service that returns a percentage of your eligible spending at hundreds of America’s leading companies and can transfer that money periodically to your plan account subject to a minimum amount.**
* Contributions are deductible from Colorado income taxes in the tax year of the contribution, up to your Colorado taxable income that year. Such deductions are subject to recapture for non-qualified withdrawals. CollegeInvest 529 plans can only be used for qualified higher education expenses. Any other use, including qualified kindergarten through twelfth grade (K-12) education expenses used for enrollment or attendance at a public, private, or religious school, are considered non-qualified withdrawals and subject to penalties.
** Funds in a Upromise account will not be transferred until earnings reach a minimum amount. Go to upromise.com for more information on transfer minimums. Upromise is offered by Upromise, Inc. and is separate from the Plan. Upromise is administered in accordance with the terms and conditions set forth in the Upromise Member Agreement (as amended from time to time), which is available on the Upromise website at www.upromise.com. Participating companies, contribution levels and terms and conditions are subject to change at any time without notice. For more information about Upromise, please visit www.upromise.com.