CollegeBound baby is an enhancement of CollegeBoundSaver, Rhode Island's 529 plan, designed to help families get an early start at saving for their child's higher education. The most straightforward of Rhode Island's 529 plans is the CollegeBound Saver plan (not to be confused with CollegeBound 529). Account owners can also request a qualified .

426 East New York Street Indianapolis, Indiana 46202 (317) 475-4500 www.capcities.com . ri-1040 instructions 2021. rhode island 529 plan.

In late 2015, Treasurer Magaziner announced the conclusion of a highly competitive process to select a new manager of the CollegeBound program. CollegeBound, Rhode Island's 529 college savings program, is an easy, affordable way for Rhode Islanders to save for the future. Rhode Island Savings Plans - get access to a huge library of legal forms. Load All Plans. Rhode Island CollegeBound fund Program Description. The investments in CollegeBoundfund are not guaranteed by the State of Rhode Island, the Rhode Island Higher Education Assistance Authority (which established and implemented CollegeBoundfund and . Withdrawals can be made online or by downloading and mailing in the distribution request form. Both plans are managed by Ascensus College Savings which replaced AllianceBernstein as program manager in 2016. . Invesco Distributors, Inc. is the distributor of CollegeBound 529. Rhode Island's CollegeBound 529 savings program is managed by Ascensus College Savings with Invesco Advisors, Inc. as investment manager. Like many other such plans, the minimum initial contribution is only $25 . 426 East New York Street Indianapolis, Indiana 46202 (317) 475-4500 www.capcities.com Rhode Island's 529 plan, dubbed CollegeBound fund, is available as both a direct-sold version as well as an advisor-sold version. Minimum subsequent contributions are $50 and no minimum for Rhode Island . Section 218 Agreements CollegeBound Saver (529 Plan) CollegeBound Saver is a tax-advantaged savings plan that allows Rhode Islanders to save for college affordably and conveniently.

(for Rhode Island Residents only) If you are already a Bernstein client and want to get started, download the application. Rhode Island Tuition Savings Program CollegeBound Saver CollegeBound 529 Prepared: January 2015 Restated: May 2016 Reviewed: May 2017 Amended: May 2018 Reviewed: October 2019 CAPITAL CITIES, L.L.C. Rhode Island Tuition Savings Program CollegeBound Saver CollegeBound 529 Prepared: January 2015 Restated: May 2016 Reviewed: May 2017 Amended: May 2018 Reviewed: October 2019 CAPITAL CITIES, L.L.C. 529 QuickView: Easy 529 account management for Financial Professionals. Ascensus will expand the app's availability to additional states and savers throughout 2021. State of Rhode Island Office of the General Treasurer Seth Magaziner. IGT GLOBAL SOLUTIONS CORPORATION. . State rules and policies governing 529 plans can change at any time. Savings can be used at accredited colleges, universities, trade, and vocational schools worldwide, as well as for registered apprenticeship programs. Evaluate any leftover funds. Rhode Island allows state residents to deduct annual contributions they make to any Rhode Island 529 plan from their state income taxes. Who manages Rhode Island 529 plan? Effective on or about June 25, 2021, the following replaces the fourth bullet under the section entitled Total Annual Asset-Based Fee on page 17 of the Program Description: bound529.com , or you can call us to order any form or request assistance in completing this form at 1.877.615.4116 any business day from 8 a.m. to 8 p.m. Eastern Time. Rhode Island 529 Plan Statistics. Rhode Island Resident Accounts invested in only Class RA and/or Class RZ Units will not be assessed a Program Management Fee. One of the reasons non-state . CollegeBound Saver is Rhode Island's 529 plan that offers in-state residents some of the most affordable investment options of any 529 savings plan in the country. The CollegeBound Saver program is Rhode Island's direct-sold plan open to Rhode Island residents and non-residents. What college is Invesco 529? rhode island 529 plan tax deduction. These $529 grants can help families jump-start college savings for their child." A 529 plan is a tax-advantaged savings plan designed to encourage saving for future education costs. Each investment portfolio in Rhode Island's direct 529 plan charges an annual asset-based fee that currently ranges from 0.03% to 0.35% for Rhode Island resident account holders and from 0.28% to 0.35% for out-of-state account holders. 6. There are 217,895 registered schools in Rhode Island with a total value of $5,680,426,847 . COLLEGEBOUND 529 is a trademark owned by The Rhode Island General Treasurer and filed on Monday, November 9, 2020 in the Insurance & Financial Services category.

Get Started Convenience CollegeBound 529 1.877.615.4116 8 a.m. to 8 p.m. Eastern Time M-F www.collegebound529.com Regular mailing address: Fees. Rollovers from another 529 plan are not deductible. The federal status of this trademark filing is REGISTERED as of Tuesday, January 25, 2022 . CollegeBound is a tax-advantaged 529 savings plan administered by the Office of the Rhode Island General Treasurer, which allows Rhode Islanders to affordably save for post-secondary education. CollegeBound fund 8 Rhode Island Income Tax Deduction Rhode Island taxpayers can qualify to receive a state income tax deduction for contributions of up to $1,000 for married couples ling jointly and $500 for individual lers. . Get immediate online access to your clients' Ascensus-administered 529 plans with 529 QuickView. Invesco Distributors, Inc. FOR STATE OF RHODE ISLAND DUE DILIGENCE PURPOSES ONLY NOT FOR USE WITH THE PUBLIC US12785. account set up through a financial advisor you are in CollegeBound 529. Rhode Island offers an advisor-sold plan, CollegeBound 529, and a direct-sold plan, CollegeBound Saver. CollegeBound is a tax-advantaged 529 savings plan administered by the Office of the Rhode Island General Treasurer, which allows Rhode Islanders to affordably save for post-secondary education. 426 East New York Street Indianapolis, Indiana 46202 (317) 475-4500 www.capcities.com Professionally drafted and regularly updated online templates. The most straightforward of Rhode Island's 529 plans is the CollegeBound Saver plan (not to be confused with CollegeBound 529). CollegeBound Saver (529 Plan) CollegeBound Saver is a tax-advantaged savings plan that allows Rhode Islanders to save for college affordably and conveniently. Open a CollegeBound Saver account and give your kids a gift they'll never outgrow. Starting January 1, 2015, children born to or adopted by Rhode Island families are eligible for a $100 CollegeBound baby Grant to be used for higher education. Contributions in excess of the annual limit can be carried forward and deducted in future years. Both plans are managed by Ascensus College Savings which replaced AllianceBernstein as program manager in 2016. . The CollegeBound Saver plan is a direct-sold plan with fees ranging from 0.04% - 0.85%. Employees' Retirement System of Rhode Island.

Fund Family: AllianceBernstein Investments, Inc. Minimums: To get started you can deposit $1,000 ($250 for Rhode Island residents). If a Unlike its similarly named cousin, this account is what's known as a direct-sold plan, meaning that it's provided by the state directly, rather than through a financial advisor. About: CollegeBound Saver is a Section 529 plan offered by the Office of Rhode Island General Treasurer. National CollegeBound fund Program Description. There's no minimum to open an account and you can save in whatever way works best for you.

No image available. T. Rowe Price College Savings Plan. What's more, as a Rhode Island taxpayer, you can qualify to receive a state income tax deduction for contributions made to CollegeBoundfund of up to $1,000 for married couples fi ling jointly and $500 for individual fi . Daniele brings over 17 years of experience to College Bound, LLC. This plan offers a variety of investment options, including age-based portfolios that become more conservative as the child approaches college, and static investment fund options. CollegeBound Saver. CollegeBound Saver is Rhode Island's 529 plan that offers in-state residents some of the most affordable investment options of any 529 savings plan in the country. collegebound saver. No more sorting through stacks of paper, fumbling through files, or waiting for the latest account information to be mailed. Safely access and review your clients' data. To recognize the devastating impact COVID-19 has taken on Rhode Island, the General Treasurer's Office is launching the Frontline Heroes Fund. Contributions in excess of the annual limit can be carried forward and deducted in future years.

Move money within a CollegeBound 529 account to a different investment option (allowed twice per calendar year) or to change . CollegeBound Saver is an easy, smart way to save for college. Perf. Between her passion for working with youth and her genuine love of seeing others achieve their personal goals, Daniele believes that student's exploration and self-discovery are essential to finding a college and career path that are a perfect fit for them. Rhode Island residents who open a CollegeBound Saver account can receive an annual state income tax deduction of up to $500 per individual and $1,000 per couple on funds contributed to the plan.

The plan is sold through brokers (unit classes A and C) and registered investment advisors (unit class I). In the following pages, you' ll discover why CollegeBound fund is a great vehicle for you to tackle higher education costs. If you have any questions concerning your type of account, call 877-517-4829. . You must submit . Members from the state of Rhode Island also participated, including Chris Civittolo, Director of 529 Savings, Grants and Scholarship Programs, the meeting and Alec Stais, Chief at Investment Officer, via phone. Rhode Island General Treasurer Seth Magaziner today announced that Rhode Island babies born on Saturday, May 29, 2021 will receive $529 through Rhode Island's 529 savings program, CollegeBound Saver, in celebration of "529 Day." "Any day is a good day to start saving for an education, but especially on May 29, we want to celebrate these . Cranston, Rhode . DEPARTMENT OF ADMINISTRATION . collegebound 529 program description. Louisville, Kentucky. Make the distribution payable to the beneficiary. Age 0-6 High Equity. the Rhode Island offers an advisor-sold plan, CollegeBound 529, and a direct-sold plan, CollegeBound Saver. It only takes $1 and about 10 minutes to open an account and start saving. The USPTO has given the COLLEGEBOUND 529 trademark a serial number of 90306402. Easily download and print documents with US Legal Forms.

Category. Savings can be used at accredited colleges, universities, trade, and vocational schools worldwide, as well as for registered apprenticeship programs. of administering and managing CollegeBound 529. There is an annual deduction limit .

Daniele brings over 17 years of experience to College Bound, LLC. CollegeBound 529 is administered by the Rhode Island Office of the General Treasurer and the Rhode Island State Investment Commission. Download READYSAVE 529 and enjoy it on your iPhone, iPad and iPod touch. Although the direct-sold version has been rated higher, it is available only to those who meet certain specific state residency requirements.