The DreamAhead College Investment Plan is Washington's direct-sold 529 college savings plan that helps families save for future higher education expenses. DreamAhead opened in 2018, and since then, over 20,000 students have taken distributions of $582.2 million in DreamAhead benefits to help pay for qualified higher education expenses at colleges, universities, and technical schools nationwide.
- Program typeSavings
- Inception2018
- State agencyWashington Student Achievement Council
- Tax deduction
- Program ManagerVestwell State Savings, LLC
- Program distributorCommittee on Advanced Tuition Payment and College Savings (WA529 Committee)
Investment Options
Investors in DreamAhead College Investment Plan can select from the following investment options. Click on a portfolio name for more information.
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.