Ohio 529 College Savings Plan – CollegeAdvantage
About: The Ohio Tuition Trust Authority sponsors and administers CollegeAdvantage, the Ohio 529 college savings program. CollegeAdvantage 529 is available to families in Ohio and throughout the country as a tax-advantaged way to save for the future college expenses of their loved ones. We offer two mutual-fund based plans: the CollegeAdvantage Direct 529 Savings Plan and the CollegeAdvantage Advisor 529 Saving Plan powered by BlackRock.
Website: https://www.collegeadvantage.com/
Phone #: 1-800-233-6734
Investment Options: The investment menu in the Ohio CollegeAdvantage 529 Savings Plan features a set of 3 age-based and 16 static investment options using Vanguard funds, a set of age-based options using Vanguard and DFA funds, 2 DFA static investment options, and 2 types of FDIC-insured deposit accounts through Fifth-Third Bank.
Tax Benefits: Contributions, including rollover contributions, to a Ohio 529 plan of up to $2,000 per beneficiary per year (any filing status) are deductible in computing Ohio taxable income, with an unlimited carryforward of excess contributions.
State Residency Requirements: No state residency is required to participate in Ohio 529 College Savings Plans.
Saving for College with Upromise
Upromise
is a service that helps individuals save money to pay for college or to pay down existing student loan debt.
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The beauty of the Upromise program is that you save money for college by simply shopping at the normal stores you visit every day. Upromise was created in partnership with Sallie Mae and is designed to help save for education costs.
Upromise.com is the smart way to save for your child’s college education