Review the table to find out why College Savings Iowa provides one of the finest college savings plans available.
| Open to all U.S. citizens and resident aliens |
Any U.S. citizen or resident alien with a valid Social Security or other taxpayer identification number and valid U.S. mailing address can open one or more accounts for any future student. There are no income restrictions.
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| Broad usage |
Save for anyone: child, grandchild, or friend—even yourself. You can use your account to pay for tuition, fees, books, room and board, and supplies at any eligible postsecondary school in the United States and abroad.
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| Easy enrollment |
You can open and manage your account online and choose to receive account statements and transaction confirmations online.
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| Low fees |
Enrollment is free. Your only expense is a management fee of 0.52%, one of the lowest of any 529 plan.
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| Low minimum investment |
You can invest as little as $25 each time you contribute, and you don't have to contribute each month or even each year.
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| Multiple contribution methods |
You can contribute by automatic investment, electronic bank transfer, payroll deduction (if available through your employer), or check, or by moving assets from other college savings vehicles.
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| Opportunity to earn free money for college |
Take advantage of the free Upromise rewards service, which returns a percentage of your spending at hundreds of America's leading companies and can transfer that money periodically to your plan account.
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| 13 great investment choices |
Choose from 4 age-based savings tracks that adjust your assets over time to more conservative allocations as your beneficiary nears college and 9 individual portfolios that you adjust yourself according to your own investment strategy and risk tolerance. Create a custom asset allocation by selecting up to five investment options.
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| High account maximum |
You can contribute on behalf of a beneficiary until the total balance of all College Savings Iowa accounts held for the same beneficiary reaches an aggregate maximum balance, which is currently $320,000. If there's more than one participant contributing for the beneficiary, this is the total for all accounts.
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| Expert management |
Recordkeeping and related services for the plan are managed by Upromise Investment Advisors, LLC, with investment management provided by Vanguard.
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| Convenient online access |
As a College Savings Iowa participant, you can enjoy convenient online access to your account.
View your statements, submit contributions, maintain your account, and obtain performance information anytime you like.
If you open more than one account, you can view them all with one user name and password.
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