NextGen 529 (Client-Select)

The NextGen College Investing Plan Client Select Series in Maine offers a streamlined investment approach for families saving for education expenses. Managed by Merrill Lynch, this plan provides a pre-selected group of funds that are actively managed by professional investment managers. It stands out with its convenience, allowing account holders to benefit from professional management without having to make individual investment decisions. The plan offers a variety of investment options within the pre-selected group, providing diversification and potential for growth. Additionally, the NextGen College Investing Plan Client Select Series provides potential state tax benefits for Maine residents, including state income tax deductions on contributions.