CollegeChoice CD 529 Savings Plan

Fee Score

Performance

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21,707 Clicked to Enroll

CollegeChoice CD 529 Savings Plan

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21,707 Clicked to Enroll

Two FDIC-insured options are offered in the CollegeChoice CD 529 Savings Plan: (1) fixed-rate CDs with one-year, two-year or three-year maturities, and (2) the Honors Savings Account, a high-yield savings account available from College Savings Bank, a Division of NexBank. The plan ceased offering InvestorSure CDs and CollegeSure CDs to investors as of August 2, 2016 and October 21, 2016. InvestorSure CDs and CollegeSure CDS issued prior to those dates will continue to be managed and serviced by CollegeSure until their maturity dates.

Fee Score

N/A

Performance

N/A
  • Program type
    Savings
  • Inception
    2011
  • State agency
    Indiana Education Savings Authority (IESA)
  • Tax deduction
  • Program Manager
    College Savings Bank, a Division of NexBank
  • Program distributor
    College Savings Bank, a Division of NexBank

Investment Options

Investors in CollegeChoice CD 529 Savings Plan can select from the following investment options. Click on a portfolio name for more information.

Age Based Investment Optionsaccordion open icon

Sometimes referred to as the enrollment-based option, this is an investment approach where your asset allocation is programmed to change over time. Accounts for young beneficiaries are invested aggressively and accounts for beneficiaries with college right around the corner are invested much more conservatively. In some 529 plans, the age-based option operates by automatically transferring your investment from one static portfolio to another at certain points in time. Others utilize lifecycle funds or employ lifecycle-type tactics within the portfolio containing your investment so that it is not necessary to transfer your investment between portfolios.

No investment options found within this category.
Static Investment Optionsaccordion close icon
Individual Investment Optionsaccordion close icon
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