The GIFT College Investing Plan
The GIFT College Investing Plan, a powerful 529 program offered by State of Arkansas, can help you make college a reality with:
- Tax-advantaged investing1
- State income tax deduction2
- Low-cost investment options from Vanguard
- Matching grant opportunity for qualified Arkansas residents
- More ways to save with Ugift® — Give College Savings and Upromise® rewards3
As of December 2, 2013 Upromise Investments, Inc., Upromise Investment Advisors, LLC and Upromise Investments Recordkeeping Services, LLC are no longer affiliated with Upromise, Inc., SLM Corporation, Sallie Mae Bank, or its affiliates.
1 The availability of tax or other benefits may be contingent on meeting other requirements.
Upromise, the Upromise logo, and Ugift are registered service marks of Upromise, Inc.
State Street Global Advisors and SSgA are registered trademarks of State Street Corporation.
All other marks are the exclusive property of their respective owners. Used with permission.
2 Contributions of up to $5,000 ($10,000 for a married couple) to the GIFT Plan in a tax year are deductible from Arkansas state income tax, subject to recapture in subsequent years in which a non-qualified withdrawal or a rollover out to another state's 529 plan is made.
3 The Upromise rewards service is an optional service offered by Upromise, Inc., is separate from the GIFT Plan, and is not affiliated with the State of Arkansas. Specific terms and conditions apply. Participating companies, contribution levels and conditions subject to change without notice. Transfers subject to a $25 minimum. Upromise, Inc. is affiliated with Upromise Investments, Inc. and Sallie Mae.
For more information about The GIFT College Investing Plan call 1-800-587-7301 or visit www.thegiftplan.com to obtain a Program Description and Participation Agreement. Investment objectives, risks, charges, expenses and other information are included in the Program Description and Participation Agreement; read and consider it carefully before making an investment or sending money.
If you are not an Arkansas 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.
The GIFT College Investing Plan is a college tuition savings program sponsored by the State of Arkansas. Upromise Investments, Inc., which serves as Program Manager, has overall responsibility for the day-to-day operations of the Plan, including effecting transactions, and marketing and distributing the Plan. The Vanguard Group, Inc. serves as Investment Manager for the Plan. The Plan's portfolios, although they invest in Vanguard® mutual funds, are not mutual funds. Units of the Portfolios are municipal securities and the value of units will vary with market conditions. Investment returns are not guaranteed, and you could lose money by investing in the GIFT Plan. Upromise Investments, Inc., Distributor and Underwriter.
The GIFT Plan and The GIFT Plan logo are trademarks of the State of Arkansas.