CollegeAmerica is a nationwide plan sponsored by Virginia 5 2 9.


Saving for college makes sense
wherever you are in life

Parenting takes love and smarts. It shouldn't take a degree in economics to save for your child’s education. That’s where we come in.

New parents

Expectant mother and father

New parents

You’re dealing with diapers, drool and midnight feedings. Now you're supposed to think about saving for college? We make it easy.

Start now. Start small. Baby steps.

Growing family

Father, mother and young child

Growing family

Now that you have more than one child, it feels like it's time to get serious about saving for their future.

Kickstart a new savings plan.

Up next, college

Family with multiple kids spending time together

Up next, college

Your child is starting to apply to colleges, and reality is setting in: There's a gap between what you have and what it costs.

Let's figure out a plan.

On campus

Students on college campus

On campus

With your child on campus, you need to stretch your money now and tackle how to handle the debt that's coming later.

Let's plan the next step.


Grandparents spending time with grandchildren


You adore your grandchildren and want to show it by helping with the costs of college. Best grandparents ever!

Here’s how to contribute.


Your savings plan: Start now

You can do this. We make it simple to figure out what,
when and how much to save.

Let’s do the math.

transfer icon

I want to see how much my savings can grow over time.

flexible icon

I want to compare college costs and create a savings plan.

Father teaching young son to skateboard


CollegeAmerica 529 savings plan

You trust your doctor with your health and your mechanic with your car. You shouldn’t settle for anything less when you’re deciding where to invest your money.

Trusted by more than 1 million families nationwide, CollegeAmerica is the country’s largest 529 savings plan,* with more than $66 billion invested.

Children raising hands in school

We're helping more than 2.4 million future students pursue their dreams.

  • Any adult who's a U.S. citizen or legal resident can open a CollegeAmerica 529 savings plan, regardless of income.
  • The earnings in a 529 savings plan are exempt from federal taxes if withdrawals are used for qualified expenses. And some states offer tax benefits as well.
  • CollegeAmerica has among the lowest fees in the industry.**
  • If withdrawals are used for purposes other than qualified education expenses, the earnings will be subject to a 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. State tax treatment varies.

* Largest by assets, according to the 1Q 2020 "529 College Savings Quarterly Update" from ISS Market Intelligence.

As of March 31, 2020, CollegeAmerica AUM is $66.4.

Number of accounts as of March 31, 2020, Strategic Insight.

** "529 College Savings Quarterly Fee Analysis," ISS Market Intelligence, 4Q 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.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

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. CollegeAmerica is sponsored by Virginia529℠. 

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

Use of this website is intended for U.S. residents only.

American Funds Distributors, Inc., member FINRA.

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.