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.
EnrollState 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.