CollegeChoice CD 529 Savings Plan
The CollegeChoice CD 529 Savings Plan in Indiana offers unique features tailored to families seeking a conservative investment option. Managed by Ascensus College Savings, this plan provides a fixed-rate certificate of deposit (CD) investment option, offering a predictable return on investment. It stands out as a low-risk option for families who prioritize capital preservation. The plan also provides potential state tax benefits for Indiana residents, including a state income tax credit on contributions.
EnrollState Tax Incentive
20% tax credit on contributions up to $5,000 ($1,000 maximum credit)
Program Manager
Ascensus
Investment Manager(s)
FDIC - NexBank
Plan type
Direct
Investments
Guided Investments
static
ESG Investments
No
Avg. expense fee
0.650%
Fee Range
N/A
Ratings
Backer Rating
Our rating is based on fees and tax savings advantages.
43%
for IN residents
25%
non-residents
Other
Connect with Mint.com
Track your finances in one place.
No
Connect with Backer
Full end to end enrollment, gifting and plan management.
Gifting Only
Mobile app
Backer App covers this plan.
No
Plan in the news?
Check out latest news about this plan.
General Recommendation
This is a direct sold 529 plan, not rated by Morningstar.
