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Paying For College - Head Matters


3. Saving

d. Colorado’s 529 College Saving Program from CollegeInvest

CollegeInvest 529 College Savings Plans offer unique tax benefits, including a Colorado state income tax deduction for Colorado residents, tax-deferred growth, and tax-free withdrawals when funds are used for higher education.

You have a goal and we have a plan
CollegeInvest offers 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 

Colorado state income tax deduction
CollegeInvest is the only 529 program that qualifies for a Colorado State income tax deduction. As a Colorado resident, every dollar you contribute to any of our 529 plans can be deducted from your Colorado State taxable income. You can't get that from any other plan.2

This chart shows the potential difference between saving with a taxable account, saving with a tax-free account—such as another 529 college savings account—or saving with a CollegeInvest tax-free account and reinvesting your state income tax deduction annually. The difference in savings growth can be substantial!

Experts to manage your investment
All of our investment options are managed by leading professional money managers. By carefully selecting and overseeing the portfolios, the investment managers seek to offer investors a wide selection of investment options, among a broad range of asset classes, to suit your specific investment style and risk tolerance.

Four options
CollegeInvest offers four distinct college savings plans. Within these four plans, you’ll find a variety of options, from great growth potential to slow and steady earnings, or somewhere in between.

For more information about the CollegeInvest 529 college savings program, visit

1 Restrictions apply, please see the Plan Disclosure Statements.
2 Contributions to the Program in a tax year are deductible from Colorado State income tax up to the extent they are included in your federal taxable income for that year, subject to recapture in subsequent years in which non-qualified withdrawals are made.
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