Saving for education efficiently with CollegeInvest’s 529 plan
In partnership with CollegeInvest, Employee Services offers University of Colorado faculty and staff quick access to Colorado’s 529 College Savings Program and relevant resources for understanding the educational expenses landscape of today. This offer allows you to use tax-advantaged savings plans specifically codified for higher education, whether that be for you, your children or even your grandchildren.
From noon – 12:45 p.m. Monday, Feb. 5, a representative from CollegeInvest will host a webinar presentation to explain the factors and benefits of saving with the 529 tax-advantaged plan offered by CollegeInvest. As a bonus for attending, you will receive a free $25 starter account.
Highlights of the CollegeInvest program are:
- Colorado state income tax deduction for contributions
- Open an account with as little as $25
- Tax deferred growth and tax-free qualified withdrawals
- Savings can be used nationwide
- Four unique plans tailored to meet your investment style
- Account owner controls the money
- Beneficiary can be changed without penalty
- Direct deposit options make it convenient
- No income or age limitations
- Expert money managers
After registering, you will receive a confirmation email containing information about joining the webinar.