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California 529 Plan

529 College Savings Plan for California Residents

The State of Califonia has the largest number of colleges in the country and they offer two 529 plans to prepare its residents for college.

These plans provides atax-advantaged way to save for a child's college education.

Plan Benefits

  • Any earnings grow tax-deferred
  • Federal and California state tax-free qualified distributions
  • Professional money management
  • Wide range of portfolios for your investments including Index Fund and
  • Actively Managed Fund Portfolios
  • Low-cost investment options
  • High contribution limits
  • No income restrictions
  • Funds can be used at any accredited colleges nationwide, and many international institutions for qualified expenses