CollegeAmerica 529 Savings Plan — Learn more about the CollegeAmerica plan.
CollegeAmerica brochure (PDF), CollegeAmerica | Quarterly Statistical Update — Provide clients an overview of CollegeAmerica benefits.
CollegeAmerica Account Forms and Guidelines — Learn how to set up and service CollegeAmerica accounts.
Make college savings a family affair by reaching out to grandparents and other family members to contribute. Explain how they may also be able to take advantage of estate planning benefits associated with 529 savings plans:
If withdrawals from 529 plans are used for purposes other than qualified education expenses, the earnings will be subject to 10% federal tax penalty in addition to federal and, if applicable, state income tax. States take different approaches to the income tax treatment of withdrawals. For example, Withdrawals for K-12 expenses may not be exempt from state tax in certain states. Please consult your tax advisor for state-specific details.
How to Set Up an Employer-Sponsored 529 Plan
Employer-Sponsored Participant Brochure (PDF) — Share with employer-sponsored plan participants to explain the benefits of CollegeAmerica.
Employer-Sponsored 529 Presentation — A short educational video to assist you in your employer-sponsored 529 sales efforts.
*Source: 529 College Savings Quarterly Fee Analysis, ISS Market Intelligence, Fourth Quarter 2019. CollegeAmerica’s fees were in the top-quartile of 30 and 18 plans based on the average annual asset-based fees for national advisor-sold and fee-based advisor-sold 529 plans, respectively. As of December 31, 2019, CollegeAmerica AUM is $70B.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses, summary prospectuses and CollegeAmerica Program Description, which can be obtained from a financial professional and should be read carefully before investing. CollegeAmerica is distributed by American Funds Distributors, Inc. and sold through unaffiliated intermediaries.
Depending on your state of residence, there may be an in-state plan that provides state tax and other state benefits, such as financial aid, scholarship funds and protection from creditors, not available through CollegeAmerica. Before investing in any state's 529 plan, investors should consult a tax advisor.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.