College SAVE (Advisor-Sold)

The College SAVE Advisor is a 529 plan available in North Dakota that offers families a personalized and guided approach to saving for higher education expenses. One unique aspect of this plan is its advisor-sold structure, which means individuals can work with a financial advisor who can provide personalized investment advice and guidance. The plan offers a variety of investment options, including age-based portfolios and individual fund options, allowing account holders to tailor their investment strategy. It provides tax advantages, such as tax-free growth and tax-free withdrawals for qualified education expenses. Additionally, North Dakota residents may be eligible for a state income tax deduction for contributions made to the plan, maximizing the savings potential. The College SAVE Advisor plan aims to assist families in achieving their educational savings goals with the support of a financial advisor.