CollegeInvest Wyoming's 529 Plans
You have a goal. We have a plan
Your family is unique, so our plans are uniquely flexible. CollegeInvest Wyoming offers you a variety of options, from growth-oriented equity options to more stable fixed income options. We help deliver a plan that works for you. And, you can periodically change your investment options within or between the plans, if your circumstances change over time.1
Where to start?
CollegeInvest Wyoming offers three distinct college savings plans. Within these three plans, you’ll find a variety of options, from great growth potential to slow and steady earnings, or somewhere in between. We help deliver a plan that works for you.
- Stable Value Plus College Savings Plan
Backed by The MetLife Insurance Company, this plan is a fixed-income fund designed to protect your principal investment. This plan is available directly through CollegeInvest.
- Direct Portfolio College Savings Plan
Managed by The Vanguard Group and Upromise Investments, Inc., Direct Portfolio offers a combination of equity, fixed income and money market options, available directly through CollegeInvest.
- Scholars Choice College Savings Program
Managed by Legg Mason Global Asset Allocation, LLC., an affiliate of Legg Mason, Inc., the Scholars Choice Program offers a combination of equity, fixed income and money market options available only through financial advisors.
Important Considerations
Official Statement
Please read the applicable Plan Disclosure Statements carefully before investing. They explain certain risks, fees, limitations, restrictions and qualifications regarding the Plans’ benefits and potential tax advantages. Plan Disclosure Statements can be found at www.collegeinvest.org. Investments in CollegeInvest Plans are not guaranteed by the state of Colorado or any other governmental entity, and may lose value, including principal amount invested. Administered and issued by CollegeInvest.
Home State
If you or your designated beneficiary are a resident of a state other than Colorado, before investing you should check with your home state to see if it offers a 529 program. That program may offer state tax or other benefits to residents of that state that may not be available to investors in programs of other states.
Direct Portfolio Money Market Portfolio
In the CollegeInvest Direct Portfolio Plan, the Portfolio’s investment in the Vanguard® Prime Money Market Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of the investment at $1 per share, it is possible that the Portfolio may lose money by investing in the Fund.
Scholars Choice Money Market Option
While the money market option will invest all of its assets in a money market mutual fund and will value its units based on the underlying money market fund share value, the money market option itself is not a money market mutual fund. An investment in the money market option is not a bank deposit and is not insured or guaranteed by the FDIC or any other governmental agency. There is no assurance that the money market option will be able to maintain the value of its units at $1 per unit. It is possible to lose money by investing in this option.
Capacity of Dealer and Other Parties
CollegeInvest is the issuer of plan securities and is the trustee of the plans in accordance with Colorado law. CollegeInvest also oversees the Managers' activities and provides certain administrative services, such as marketing, audit, and financial statements, in connection with the plans.
Vanguard and Upromise
Upromise Investments, Inc., serves as Plan Manager for the CollegeInvest Direct Portfolio College Savings Plan and has overall responsibility for the day-to-day operations, including effecting transactions. The Vanguard Group, Inc., serves as Plan Manager and Investment Manager for the CollegeInvest Direct Portfolio College Savings Plan. Vanguard Marketing Corporation, an affiliate of The Vanguard Group, Inc., assists CollegeInvest with marketing and distributing the CollegeInvest Direct Portfolio College Savings Plan.
MetLife Insurance Company
The MetLife Insurance Company serves as the Investment Manager for the CollegeInvest Stable Value Plus College Savings Plan.
Legg Mason Global Asset Allocation, LLC
Legg Mason Global Asset Allocation, LLC is an affiliate of Legg Mason Inc. Legg Mason, Inc., a holding company, with its subsidiaries is a global asset management firm. The firm is headquartered in Baltimore. The primary distributor for the product is Legg Mason Investor Services, LLC.
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