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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.
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