Delaware 529 College Savings Plans

CollegeCounts 529 Fund – Delaware College Investment Plan

How to Save with Instate TuitionAbout: Delaware College Investment Plan, a Fidelity-managed 529 plan follows the same approach as other Fidelity plans in Arizona, Massachusetts, and New Hampshire. The Delaware College Investment Plan is a tax-advantaged 529 college savings plan open to both residents and nonresidents. The plan is sponsored by the state of Delaware and managed by Fidelity Investments.

Website: https://www.fidelity.com/

Phone #: 1-800-544-1655

Investment Options: Delaware College Investment Plan features three age-based options; one using Fidelity mutual funds; one using Fidelity index mutual funds; and a third multi-firm option with portfolios that invest in funds offered by several different companies. The plans also offer 11 static options, and one option that invests in an interest-bearing deposit account. The plan is sponsored by the state of Delaware and managed by Fidelity Investments.

Tax Benefits: Any earnings grow federal and Delaware income tax deferred. Qualified withdrawals are free from federal and Delaware income taxes.

State Residency Requirements: No state residency is required to participate in Delaware 529 College Savings Plans.

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