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529 PLANS

USAA 529 College Savings Plan

Nevada

Nevada's USAA 529 College Savings Plan is available to the general public and features age-based and static porfolio options utilizing USAA mutual
funds. Accounts can be linked to the Upromise rewards service.

5-Cap Rating

Resident:
Non-Resident:

Savingforcollege.com's 5-Cap Ratings provides an evaluation and comparison of 529 plans, utilizing a formula that examines dozens of factors grouped into the following categories. (Scale 0 to 5; 5 is highest)

Performance	Costs	Features	Reliability	Resident Upgrade
4.34	3.70	2.60	4.60	0.03

General

Did you know?

Residents are not limited to investing in their own state's plan. Another state may offer a plan that performs better and has lower fees. If there is no tax break offered for in-state investors ... shop around!

Also, the plan chosen does not affect which state the student enrolls in. An investor can live in NY, invest in a plan from NV and send a student to college in FL.

Research other state plans
or
Compare between state plans

Program type:

Savings

Telephone:

1-800-292-8825

Web site:

Click here to visit

How to enroll:

Enroll directly through USAA.

Initial year of operation:

2002

State agency(ies):

Board of Trustees of the College Savings Plans of Nevada

Program manager:

Upromise Investments, Inc.

Program distributor:

USAA Investment Management Company (USAA)

Manager contract term:

Premium subscription required for this data.

Eligibility

State residency requirements:

None

Who can be a participant/owner in the program?

U.S. citizens and resident aliens, UGMA/UTMA custodians, and trusts.

Significant time or age restrictions imposed by the program:

None

Contributions

Maximum contributions:

Accepts contributions until all account balances in Nevada's 529 plans for the same beneficiary reach $370,000.

Minimum contributions:

The initial contribution is $50 with the establishment of an automatic investment plan of at least $50 per month ($15 for contributions through Ugift), or $250 lump-sum contribution.

Investment Options

Age-based investment options:

The Age-Based Option contains 6 portfolios of underlying mutual funds. Contributions are placed into the portfolio corresponding to the age of the beneficiary, and later reassigned to more conservative portfolios as the beneficiary approaches college age.

Static investment options:

Select among 6 multi-fund portfolios (Aggressive Growth, Growth, Moderate, Balanced, Conservative, and In-College) and a money-market portfolio (Preservation of Capital).

Underlying investments:

USAA mutual funds.

Underlying fund allocations:

Premium subscription required for this data.

Investment performance link:

Premium subscription required for this data.

Portfolio Fees & Performance Lookup

Premium subscription required for this data.

Fees & Expenses

Enrollment or application fee:

None.

Account maintenance fee:

$15 annual account maintenance fee, waived if either the account owner or beneficiary is a resident of Nevada. There is also a $15 annual minimum balance fee for accounts with a balance of less than $5,000 that are not in an automatic investment plan.

Program management fees:

0.65% to 1.05%; fee includes underlying fund expenses.

Expenses of the underlying investments:

Not applicable., included in the program management fee.

Total asset-based expense ratio:

0.65% - 1.05%

Taxes and other Benefits

Program match on contributions:

The USAA Distinguished Valor Matching Grant Program matches up to $1,500 (lifetime per beneficiary) of contributions to this 529 plan. The account owner or the beneficiary must be a Nevada resident at the time the grant application is submitted. Grant applicants may apply under two categories: 1) the account owner must serve currently on active duty in the U. S. military and have an adjusted gross household income of less than $75,000, and the beneficiary must be a child of the Account Owner and be under the age of 13, or 2) the account owner or the account owner's spouse must be the recipient of a Purple Heart in either Operation Enduring Freedom or Iraqi Freedom (service beginning October 7, 2001 and ending August 31, 2010), and the beneficiary must be a child or the spouse of the Purple Heart recipient.