How does CollegeChoice 529 work?
When you enroll in CollegeChoice 529, you choose to invest in one or more of seven different investment options, including an Age-Based Option and Individual Portfolios, based upon your investing preferences and risk tolerance. Each investment option is comprised of mutual funds offered by a variety of investment managers. All of the contributions made to your account grow tax-deferred and the distributions are free from federal and Indiana state taxes if used for qualified higher education expenses.