Convenience | CollegeBound Saver

Savings simplified

We get it – you have a lot going on. But saving for education doesn’t have to take up a lot of time or be complicated. CollegeBound Saver offers you easy, accessible ways to begin saving and stay on track.

Easy to get started.

Open an account online in 10 minutes.

Save on autopilot.

Set up recurring contributions from your bank account or use our payroll deduction feature to contribute right from your paycheck.

A schedule that works for you.

Whether you’re an early riser or a night owl, you can easily manage and update your account online anytime.

Setting up a recurring contribution is more than just convenient. It’s also a smart way to stay consistent with your savings. See how even small monthly contributions can potentially make a big difference.

Benefits of Recurring Contributions

Assumptions: $500 initial investment with subsequent monthly investments of $100 or $250 for a period of 18 years; annual rate of return on investment of 5% and no funds withdrawn during the time period specified. This hypothetical is for illustrative purposes only. It does not reflect an actual investment in any particular 529 plan or any taxes payable upon distribution.

Ready to get started? Good.

Open an Account

If not, check out our Common Questions page to learn everything you ever wanted to know about our 529 plan.

¹Earnings on non-qualified distributions may be subject to federal income tax and a 10% federal penalty tax, as well as state and local income taxes. Tax and other benefits are contingent on meeting other requirements and certain distributions are subject to federal, state, and local taxes.

²Section 529 defines a family member as: a son, daughter, stepson or stepdaughter, or a descendant of any such person; a brother, sister, stepbrother, or stepsister; the father or mother, or an ancestor of either; a stepfather or stepmother; a son or daughter of a brother or sister; a brother or sister of the father or mother; a son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-in-law, or sister-in-law; the spouse of the beneficiary or the spouse of any individual described above; or a first cousin of the beneficiary. Gift or generation-skipping transfer taxes may apply. Please consult with your tax advisor for further information.

³An investment plan of regular investment cannot assure a profit or protect against a loss in a declining market.

⁴In the event the donor does not survive the five-year period, a pro-rated amount will revert to the donor's taxable estate.