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Get to know collegeamerica®, the largest 529 college savings plan in the u.s The earnings in a 529 savings plan are exempt from federal taxes if withdrawals are used for qualified expenses. American funds can help you save for some of life’s most important moments.
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Financial professionals and education savers from all 50 states are using collegeamerica to save for education Citizen or legal resident can open a collegeamerica 529 savings plan, regardless of income Find information on transacting in and updating a collegeamerica® 529 account at capital group, including how to make a contribution, take a withdraw and update the account beneficiary.
What is a 529 plan and how does it work
Anyone can invest in the american funds college target date series Investors generally choose the fund with the target date closest to the year the student is expected to enroll in college but are not precluded from investing in other funds in the same collegeamerica® account. Collegeamerica is the 529 savings plan distributed by american funds by capital group It is offered by commonwealth savers, an independent agency of the commonwealth of virginia.
Our college target date funds were designed to address the key challenges of saving for the rising costs of a higher education A single investment provides diversification and a glide path matched to your clients’ investing time horizon, making saving for college easier than ever. Use our automated phone service to check your account balance, fund prices and more. Any adult who's a u.s
