The Target Allocation Portfolios are designed for account owners who prefer a diversified Investment Portfolio with a fixed risk level rather than a risk level that changes as the Designated Beneficiary ages. The Target Allocation Portfolios are currently comprised of four Investment Portfolios. To obtain a more complete description of the investment policies and risks of the underlying funds, please refer to the current prospectuses for the underlying funds.
The Scholars Choice Education Savings Plan’s Investment Portfolios are subject to the risks of the underlying fund(s) in which they invest and other risks, as described in the Plan Description. There are various risks associated with an investment in the Scholars Choice Education Savings Plan principal loss is possible. is the Plan Manager and Nuveen Securities, LLC is the Distributor. The Scholars Choice Education Savings Plan is offered by the State of Colorado. TIAA-CREF Tuition Financing, Inc., the States and their agencies are not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by this tool and are not responsible for any human or mechanical errors or omissions. Account value will fluctuate based upon a number of factors, including general financial market conditions. Investments in a 529 Plan are neither insured nor guaranteed and there is the risk of investment loss. Non-qualified withdrawals may be subject to federal and state taxes and the additional federal 10% tax. Taxpayers should seek advice based on their own particular circumstances from an independent tax professional. In some states with income taxes, the 529 tax savings may differ from the state income tax rate. The tax information contained herein is not intended to be used, and cannot be used, by any taxpayer for the purpose of avoiding tax penalties. For example, if you select NJ as both the state sponsor and residency, it will assume you qualify for a tax deduction regardless of your inputted state tax rate. In addition, the calculator does not take into consideration income exceptions from getting a state tax deduction. Unless manually edited, the calculator assumes the highest state tax rate based on the state residence accepted. If these fees had been reflected, any growth of the total contribution during the same investment period would have been lower.
The calculations do not reflect management, administrative and other fees associated with 529 plans. You may want to consult with a qualified advisor before making an investment. As your financial situation changes, you should review your investment goals, time period for college investing, and personal financial situation and reassess whether you are investing enough to meet your college savings goals. These calculations do not constitute investment advice.
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There may be limitations or restrictions on eligibility for tax benefits depending on the tax code in your state of residency. Investments which seek to achieve higher rates of return are more volatile and involve a higher degree of risk.The calculator takes into account tax variables based upon what you select. Any hypothetical rate of return used does not reflect actual performance or predict future results of the program.
The results presented are hypothetical illustrations and may not reflect the actual growth, if any, of your investment in a particular 529 plan. Important Information About Your Calculations
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