Direct Portfolio 529 Savings Plan Checklist
Carefully read the Direct Portfolio Plan Disclosure Statement and complete the online Direct Portfolio College Savings Plan Application
If you have multiple accounts to open for multiple children, that’s no problem.
After you’ve completed the first application, you have the option to open additional accounts and it will auto fill the account owner’s information if it’s the same as the previous applications. Talk about a time saver!
Enroll by Mail
If you’d feel more comfortable enrolling by mail, we do offer this as an option! Here are the steps you will need to follow:
- Carefully read the Direct Portfolio Plan Disclosure Statement before completing the account application.
- Download the Direct Portfolio Enrollment Kit or have one mailed to you.
- Fill out one Direct Portfolio plan application for each student (beneficiary).
- Enclose a check for your initial deposit of at least $25. Make your check payable to CollegeInvest Direct Portfolio College Savings Plan. You may also fund your account electronically and your initial contribution will be posted to your account the following business day.1
- Sign the form and mail your application to:
Direct Portfolio College Savings Plan
P.O. Box 219931
Kansas City, MO 64121-9931
1 Please see the Direct Portfolio Plan Disclosure Statement for investment timing specifics.
For more information about the CollegeInvest Direct Portfolio Savings Plan, read and consider carefully the Plan Disclosure Statement and Participation Agreement. Investment objectives, risks, charges, expenses, and other important information are included in these documents. If you are not a Colorado taxpayer, consider before investing whether your or the designated beneficiary's home state offers any state tax or other benefits that are only available for investments in such state's qualified tuition program. Administered and issued by CollegeInvest. Vanguard Marketing Corporation, Distributor and Underwriter.
Investments are not guaranteed by CollegeInvest, the State of Colorado, its agencies, the FDIC, The Vanguard Group, Inc., or Ascensus College Savings, and may lose value, including the principal amount invested.
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.
Ascensus Broker Dealer Services, Inc. and Ascensus College Savings Recordkeeping Services, LLC serve as Plan Manager for the CollegeInvest Direct Portfolio College Savings Plan and have overall responsibility for the day-to-day operations. 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 Plan’s portfolios, although they invest in Vanguard mutual funds, are not mutual funds and you could lose money by investing in the plan.
CollegeInvest and the CollegeInvest logo are registered trademarks of CollegeInvest. Vanguard is a trademark of The Vanguard Group, Inc.