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College Savings Iowa™, Vanguard, and Upromise: An Unbeatable Combination

College Savings Iowa has been named the "Best 529 College-Savings Plan" by Kiplinger's Personal Finance.* It's easy to see why. Not only does it offer one of the most flexible, low-cost, and tax-advantaged ways to save for post-secondary education, it also offers 13 outstanding investment options provided by Vanguard, one of the world's largest and most-respected investment management firms.

Millions of investors have made Vanguard their financial home since its beginning in 1975. Vanguard has served as College Savings Iowa's investment manager since the plan's inception in 1998 and is well known for its high value, client focus, and low operating costs. Because Vanguard is committed to keeping operating costs at the lowest reasonable levels, more of your investment returns keep working for you.

In May 2004, College Savings Iowa joined with Upromise Investment Advisors, LLC, to make the plan even more attractive and affordable for American families. We chose Upromise, a recognized leader in administrative services for 529 plans, because it adds a broad combination of service options that allows participants to manage and contribute to their accounts online.

In addition, Upromise makes available the Upromise rewards service to plan participants. This free service helps you save for college by returning a percentage of your spending at hundreds of America's leading companies—such as McDonald's®, ExxonMobil, and many of your favorite local supermarkets. These automatic rebates can be transferred directly into your plan account (subject to a $25 minimum transfer amount) supplementing your own savings.

*Kiplinger's Personal Finance, November 2006. The magazine labeled College Savings Iowa the "Best 529 College-Savings Plan" in their "Best of everything 2006" issue, citing low costs and investments from Vanguard.

For more information about the College Savings Iowa 529 Plan, call 888-672-9116 or click here to obtain a Program Description. Investment objectives, risks, charges, expenses, and other important information are included in the Program Description; read and consider it carefully before investing. Vanguard Marketing Corporation, Distributor and Underwriter. Please note: Before investing in any 529 plan, you should consider whether your or the beneficiary's home state offers a 529 plan that provides its taxpayers with favorable state tax and other benefits that are only available through investment in the home state's 529 plan. You also should consult your financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state's 529 plan(s), or any other 529 plan, to learn more about those plans' features, benefits, and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.

College Savings Iowa is an Iowa trust sponsored by the Iowa state treasurer's office. The Treasurer of the State of Iowa sponsors and is responsible for overseeing the administration of the College Savings Iowa 529 Plan. The Vanguard Group, Inc., serves as Investment Manager and Vanguard Marketing Corporation, an affiliate of The Vanguard Group, Inc., assists the Treasurer with marketing and distributing the Plan. Upromise Investment Advisors, LLC, provides records-administration services. The plan's portfolios, although they invest in Vanguard mutual funds, are not mutual funds. Investment returns are not guaranteed and you could lose money by investing in the plan. Participants assume all investment risks, including the potential for loss of principal, as well as responsibility for any federal and state tax consequences.


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