Indiana's CollegeChoice 529 Direct Savings Plan
Indiana's CollegeChoice 529 Direct Savings Plan lets you focus on a child's future — or the future of anyone who wants to save for a higher education — with a plan that offers:
- Tax-advantaged investing1
- Indiana state income tax credit2
- Low minimum: Open an account with as little as $25
- 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 Indiana taxpayers are eligible for a state income tax credit of 20% of contributions to a CollegeChoice 529 account, up to $1,000 credit per year. This credit may be subject to recapture from the account owner (not the contributor) in certain circumstances, such as a rollover to another state's 529 plan or a non-qualified withdrawal.
3 The Upromise rewards service is an optional service offered by Upromise, Inc., is separate from the CollegeChoice 529 Direct Savings Plan, and is not affiliated with the State of Indiana. 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 CollegeChoice 529 Direct Savings Plan, call 1.866.485.9415 or visit www.collegechoicedirect.com to obtain a Disclosure Statement which includes investment objectives, risks, charges, expenses, and other important information; read and consider it carefully before investing.
If you are not a Indiana 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.
CollegeChoice 529 Direct Savings Plan (Plan) is administered by the Indiana Education Savings Authority (Authority). Upromise Investments, Inc. (UII) serves as the Program Manager and Upromise Investment Advisors, LLC (UIA), provides investment advisory services and recordkeeping and administrative services. UII and UIA have overall responsibility for the day-to-day operations, including marketing and distribution of the Plan. Upromise, Inc., UII, UIA, and Sallie Mae Bank are affiliates. Dodge & Cox; Frontegra Asset Management, Inc.; Sallie Mae Bank; The Vanguard Group, Inc.; and Western Asset serve as Investment Managers for the Plan. The Plan's Portfolios invest in either (i) mutual funds offered or managed by Dodge & Cox, Frontegra Funds, Vanguard, and Western Asset; or (ii) an FDIC insured omnibus savings account held in trust by the Authority at Sallie Mae Bank. Except for the Savings Portfolio, investments in the Plan are not insured by the FDIC. Units of the Portfolios are municipal securities and the value of units will vary with market conditions. Upromise Investments, Inc. Distributor and Underwriter.
Investment returns will vary depending upon the performance of the Portfolios you choose. Except to the extent of FDIC insurance available for the Savings Portfolio, depending on market conditions, you could lose all or a portion of your money by investing in the Plan. Account Owners assume all investment risks as well as responsibility for any federal and state tax consequences.