Children and grandchildren grow up quickly. Give them the college savings they’ll need for higher education by opening an account with the CollegeCounts 529 Fund. As the days fly by, your investment will have the potential to grow as fast as they do. By saving early, you’re creating a much greater earning potential over the years.
Assumed Annual Return at 5%*
*Illustration assumes an initial lump sum investment of $2,500 and subsequent monthly contributions of $50, $100, $250, and $500 for 5, 10, 15, and 18 years at a hypothetical 5% rate of return compounded monthly. This chart is for illustrative purposes and does not represent the return of any specific investment option and does not reflect the impact of fees or expenses. Investment returns in a college savings plan will vary and may be higher or lower than in this example. Making automatic monthly contributions does not assure a profit or protect against loss during varying market conditions.
The value of higher education is immeasurable, so don’t wait. With no minimum initial investment and no ongoing contribution requirement, it’s easy to start saving for college.
Once you have an account set up, you can stay on top of saving for college by adjusting your savings amounts upward each year, periodically reviewing your investment strategies and goals, and including lump sum gifts such as a financial bonus from work or the extra money you’ll have if you pay off an existing loan.