At ScholarShare 529, we know how important it is to reach your college savings goals. That's why we invite you to commemorate 529 Day with us and open a new ScholarShare 529 college savings account.
Benefits of a ScholarShare 529 College Savings Plan:
100% Tax-Free Growth—pay no state and federal taxes on funds used toward qualified expenses
Go Anywhere—use at any accredited school in the U.S. and abroad
Investment Choice—flexibility with professional management
Gold Star Rating by Morningstar**
Take advantage of this great $50 offer!
- Set up Recurring Contributions of $25 or more for six months.
- We'll add $50 to your account.*
Come back May 26-31
*When you open a new ScholarShare 529 College Savings Plan account with a $50 contribution (and sign up for and maintain recurring contributions of $25 or more per month for a minimum of 6 months) between May 26, 2020, at 12:01 a.m. and May 31, 2020, at 8:59 p.m. (PT), ScholarShare 529 will match $50 on or before January 31, 2021. Void where prohibited or restricted by law. Sponsored by ScholarShare 529 College Savings Plan.
**In an annual review (10/22/2019) of the largest 529 college savings plans (62 total), Morningstar identified 30 plans that rose above their typical peers, awarding those plans Gold, Silver, and Bronze Morningstar Analyst Ratings for 2019. These forward-looking, qualitative ratings signal Morningstar’s conviction in the plans’ abilities to outperform their relevant benchmark and peer groups on a risk-adjusted basis over the long term. Morningstar evaluates college savings plans based on five key pillars – Process, Performance, People, Parent, and Price. For more information about Morningstar’s overview of ScholarShare 529, go to Morningstar.com. Past performance does not predict future results. Source: Morningstar.com. A Morningstar Analyst Rating for a 529 college savings plan is not a credit or risk rating. Analyst ratings are subjective in nature and should not be used as the sole basis for investment decisions.
To learn more about the California 529 College Savings Plan, its investment objectives, tax benefits, risks and costs, please see the Plan Description at ScholarShare529.com. Read it carefully. Investments in the Plan are neither insured nor guaranteed and there is the risk of investment loss. Consult your legal or tax professional for tax advice. If the funds aren't used for qualified higher education expenses, a 10% penalty tax on earnings (as well as federal and state income taxes) may apply. Non-qualified withdrawals may also be subject to an additional 2.5% California tax on earnings. Check with your home state to learn if it offers tax or other benefits such as financial aid, scholarship funds or protection from creditors for investing in its own 529 plan.
TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributor and underwriter for the California 529 College Savings Plan.
For terms and conditions, click here.