It does not reflect an actual investment in the College Achievement Plan or any taxes payable upon withdrawal. Returns on contributions to the College Achievement Plan are not guaranteed and may be less than or greater than the amount invested. The costs are based on a sample undergraduate budget that includes tuition, fees, books and supplies, on-campus room and board, and other expenses. Back to top A qualified state tuition program is an investment choice that is growing in popularity in the United States. Any U.S. resident can participate and set up accounts for their children, grandchildren, nieces, nephews, friends, etc.
Investments grow with federal income tax deferred.
While the future value of the College Achievement Plan is not guaranteed, your participation in a professionally managed investment program with favorable tax advantaged growth is a first step toward offsetting the rising costs of a college education. After five years have passed,you can begin contributions again based on the annual exclusion amount then in effect. Back to top Professionally Managed Investments Funds invested with the College Achievement Plan are professionally managed by Mercury Asset Management in one of four investment options of diversified mutual funds. You are eligible to invest regardless of your income, state of residence, or the age of your account beneficiary. It s that simple.