Our goal is to provide the very best options in planning and saving for the cost of postsecondary education.
Denver, Colorado (PRWEB) December 09, 2016
CollegeInvest announced today that Stable Value Plus, its guaranteed fixed-income 529 college savings plan, is holding its position offering the second highest rate of return for stable value accounts in the country. A rate increase effective December 1, 2016, provides earnings of 2.59 percent, net of all fees.
Stable Value Plus is one of four 529 college savings options offered by CollegeInvest, which boasts one of the most diverse menus of savings options anywhere in the country. Stable Value Plus provides a guaranteed annual rate of return and can be opened with as little as $25, making the plan an extremely popular choice among Colorado families who are saving for college.
More CollegeInvest account holders are placing their college savings in Stable Value Plus accounts than ever before. Over the past three years, the number of Stable Value Plus accounts has increased by 46 percent and assets have more than doubled.
“Our goal is to provide the very best options in planning and saving for the cost of postsecondary education,” said Angela Baier, chief executive officer. “With the second highest stable value rate in the country, and the additional tax benefits available to our Colorado account owners, we’re helping Colorado’s hard working families prepare for the high cost of college, technical or trade school.”
CollegeInvest is Colorado’s foremost resource designed specifically to help break down the financial barriers to attaining a higher education or vocational training. By providing expert information, easy-to-use planning tools, and an exceptionally diverse menu of tax advantaged college savings plans, CollegeInvest works to help Coloradans maximize their potential to save for college. CollegeInvest currently represents $6.6 billion in savings, and more than 350,000 accounts, the majority of which are held by Colorado residents. Money saved in a CollegeInvest 529 savings plan can be used at any public or private college, university, community college or vocational school, anywhere in the country. For more information, visit collegeinvest.org or call 1-800-448-2424, or contact your financial advisor.
To learn about CollegeInvest’s 529 program, its objectives, risks, charges, expenses, limitations, restrictions and qualifications regarding the Plans’ benefits and potential tax advantages, please read and consider carefully the Program Disclosure Statements (PDS) available at http://www.collegeinvest.org before investing. Also, check with your or your beneficiary’s home state to learn if it offers tax or other benefits for investing in its own plan. Administered and issued by CollegeInvest. CollegeInvest and the CollegeInvest logo are registered trademarks of CollegeInvest. Copyright © 2016 CollegeInvest.