Like you, we believe in the importance of saving for the future, and especially for education. The funds you set aside in your CollegeInvest 529 college savings account are a critical component on the educational path of you or your loved one.

At CollegeInvest we are honored to serve as stewards of your account, and work each day to ensure you are provided with the most up to date information regarding opportunities that may provide value, as well as external actions – such as legislative or regulatory changes – that may impact your 529 college savings account.
We offer this online resource so that you can learn more about proposed legislative or regulatory proposals that would impact your CollegeInvest 529 college savings account.  From this site you can sign-up to receive periodic emails and read about current 529-related legislation. Register now and stay informed!

An Important Update on the Recent Federal Tax Law Changes
 On December 22, 2017, the president signed new tax legislation into law. The new Federal tax law expands the qualified use of 529 savings accounts by allowing withdrawals for K-12 tuition expenses, with a limit of $10,000 per year, per child. However, the Colorado state tax treatment of K-12 withdrawals is currently under legal review.  Distributions made for K-12 tuition expenses may not be eligible for the Colorado state tax deduction and any dollars withdrawn for this use could be subject to state tax recapture.  Account owners are urged to be extremely cautious and should consult with their tax advisors before using their 529 plan to pay for any K-12 tuition expenses.  As we receive more information on this and other legislative issues that would impact your CollegeInvest 529 college savings account, we will be informing account owners by email. Feel free to contact us if you have additional questions in the meantime.