CollegeInvest Direct Portfolio College Savings Plan
The CollegeInvest Direct Portfolio College Savings Plan offers you a way to invest today for tomorrow's college education, with:
- Tax-advantaged investing1
- State income tax deduction for Colorado taxpayers2
- Investment options from Vanguard
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 to the Plan are deductible from Colorado State income tax in the tax year of the contribution, up to your Colorado taxable income for that year. Such deductions are subject to recapture in subsequent years in which non-qualified withdrawals are made.
For more information about the CollegeInvest Direct Portfolio College Savings Plan, visit www.collegeinvest.org to obtain a Plan Disclosure Statement and Participation Agreement. Investment objectives, risks, charges, expenses, and other important information are included in these documents; read and consider them carefully before investing.
If you are not a Colorado 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.
CollegeInvest is the issuer of Plan securities and is the trustee of the Plan in accordance with Colorado law, oversees the Managers' activities and provides certain administrative services, such as marketing, audit, and financial statements, in connection with the Plans. Upromise Investments, Inc. serves as Plan Manager for the CollegeInvest Direct Portfolio College Savings Plan and has overall responsibility for the day-to-day operations, including effecting transactions. The Vanguard Group, Inc. also serves as Plan Manager and Investment Manager for the CollegeInvest Direct Portfolio College Savings Plan, and Vanguard Marketing Corporation, an affiliate of The Vanguard Group, Inc., assists CollegeInvest with marketing and distributing the Direct Portfolio Plan. The Plan's portfolios, although they invest in Vanguard mutual funds, are not mutual funds. Investments are not guaranteed and you could lose money by investing in the plan. Vanguard Marketing Corporation, Distributor and Underwriter.
CollegeInvest and the CollegeInvest logo are registered trademarks.