Generally, yes. However, special rules may apply for custodians of assets formerly held in a Uniform Gifts/Transfers to Minors Act (UGMA/UTMA) account.
Generally, yes. However, special rules may apply for custodians of assets formerly held in a Uniform Gifts/Transfers to Minors Act (UGMA/UTMA) account.
Investment returns are not guaranteed, and you could lose money by investing in ISave 529.
For more information about ISave 529, obtain a Program Description online or request one by calling 888-672-9116. Investment objectives, risks, charges, expenses and other important information are included in the Program Description; read and consider it carefully before investing.
If you are not an Iowa taxpayer, consider before investing whether your or the designated student's home state offers any state tax or other benefits that are only available for investments in such state's qualified tuition program. Other state benefits may include financial aid, scholarship funds, and protection from creditors.
The Treasurer of the State of Iowa acts as trustee of the Iowa Educational Savings Plan Trust, which is administered by the Iowa State Treasurer’s Office. The Vanguard Group, Inc., serves as Investment Manager. Ascensus College Savings Recordkeeping Services, LLC, provides records administration services. The Plan's portfolios, although they invest in Vanguard mutual funds, are not mutual funds.
ISave 529 and the ISave 529 logo are trademarks of the Iowa Educational Savings Plan Trust. Ugift is a registered service mark. READYSAVE is a registered trademark. The Vanguard logo is a registered trademark of The Vanguard Group, Inc.