College Savings
California College 529 Plan
The state of California offers two flexible investing options to assist families in planning for the future education of a child or loved one.
1) ScholarShare College Savings Plan
The ScholarShare College Savings Plan is California's 529 Plan, sponsored by the ScholarShare Investment Board, an agency of the State of California, and managed by Fidelity Investments. The plan provides parents, grandparents, and others a tax-advantaged way to save for a child's college education.
Program type: Savings
How to enroll: Enroll through a broker.
State residency requirements: None
Benefits - Tax Exemptions: Yes
Benefits - Tax Deductions: No
Benefits - Matching Grant: No
Phone: 1-800-544-5248
Website: www.scholarshare.com
2) ScholarShare Advisor College Savings Plan
Program type: Savings
How to enroll: Enroll through a broker.
State residency requirements: None
Benefits - Tax Exemptions: Yes
Benefits - Tax Deductions: No
Benefits - Matching Grant: No
Phone: 800-544-9999
Website: www.scholarshare.com
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