CollegeAdvantage Guaranteed 529 Savings Plan is no longer available
Click here to see other Ohio 529 plans.
Ohio CollegeAdvantage Guaranteed Savings Fund, a prepaid/guaranteed savings program was closed to new enrollments and contributions in 2004. Ohio also offers the Ohio CollegeAdvantage Direct 529 Savings Plan and the BlackRock CollegeAdvantage Advisor 529 Plan.
- Program typeGuaranteed savings
- Enrollment periodClosed to new enrollment until further action is taken by OTTA.
- Inception1989
- State agencyOhio Tuition Trust Authority, part of the Office of the Chancellor, Ohio Board of Regents
- Tax deduction
Investment Options
Investors in CollegeAdvantage Guaranteed 529 Savings 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.
