Benefits of a ScholarShare 529 College Savings Plan:
There are a number of compelling reasons to choose ScholarShare 529 for your college savings:
- 100% Tax-Free Growth – With a ScholarShare 529 account, your savings grows free of federal and state taxes.
- Low Cost – ScholarShare 529 Portfolios charge less than half the national average for 529 plans.**
- Go Anywhere – Your ScholarShare 529 savings can be used at any accredited school in the US.
- Investment Choice – The ScholarShare 529 Plan offers a variety of professionally managed portfolios to fit your life situation, risk tolerance, and college savings goals.
*When you open a new ScholarShare 529 College Savings Plan account with a $50 contribution (and sign up for ongoing automatic contributions of $25 or more per month for six consecutive months) between December 5, 2018, at 12:01 a.m. and December 7, 2018, at 11:59 p.m. (PST), you will be mailed a $50 Amazon.com Gift Card on or before June 30, 2019. Visit ScholarShare529.com/holidayoffer for official Terms and Conditions. Void where prohibited or restricted by law. Sponsored by ScholarShare 529 College Savings Plan.
Restrictions apply, see amazon.com/gc-legal.
*Source: Strategic Insight 529 College Savings Fee Analysis 3Q 2018. ScholarShare 529’s average annual asset-based fees are 0.29% for all portfolios compared to 0.63% for all 529 plans.
To learn more about the California 529 College Savings Plan, its investment objectives, tax benefits, risks and costs, please see the Disclosure Booklet 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, including the impact of the new federal tax changes. 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. 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. Non-qualified withdrawals may also be subject to an additional 2.5% California tax on earnings.
TIAA-CREF Tuition Financing, Inc. (TFI), Plan Manager. TIAA-CREF Individual & Institutional Services, LLC, Member FINRA and SIPC, distributor and underwriter for the California 529 College Savings Plan.
For terms and conditions, click here.