CollegeAdvantage Guaranteed Savings Fund

The CollegeAdvantage Guaranteed 529 Savings Plan is a unique 529 plan available in Ohio that provides families with a secure and predictable way to save for higher education expenses. One notable aspect of this plan is its guarantee of principal and a fixed rate of return, providing account holders with peace of mind knowing that their investment is protected. The plan offers a simple and straightforward investment option, making it an attractive choice for conservative investors. It provides tax advantages, such as tax-free growth and tax-free withdrawals for qualified education expenses. Additionally, Ohio residents may be eligible for a state income tax deduction for contributions made to the plan, further enhancing the savings potential. The CollegeAdvantage Guaranteed 529 Savings Plan offers families a stable and reliable option for saving for their educational goals.

Enroll

State Tax Incentive

$4,000 single / $4,000 joint beneficiary, unlimited carry-forward of excess contributions

Program Manager

Ascensus

Investment Manager(s)

Vanguard, DFA

Plan type

Direct

Investments

Guided Investments

age-based

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 OH residents

25%

non-residents

Other

Connect with Mint.com

Track your finances in one place.

Yes

Connect with Backer

Full end to end enrollment, gifting and plan management.

Gifting Only

Mobile app

Backer App covers this plan.

No

General Recommendation

This is a direct sold 529 plan, not rated by Morningstar.