Start Small With Big Goals in Mind
Though the prospect of saving for higher education can be intimidating, you can still steadily make progress toward your goal by starting small and investing consistently. You can open a BlackRock CollegeAdvantage 529 account with as little as $25 per selected investment option and our Automatic Investment Program makes it easy to stick to your personal savings plan.
Once your account is open, anyone - grandparents, relatives, friends - can contribute on behalf of your beneficiary and 529 assets in the beneficiary's name are free to grow up to a maximum of $345,000 (2010 account limit) for higher education expenses.
Starting to Save Earlier Can Reap Benefits
This is for illustrative purposes only and not indicative of any investment. This illustration assumes your ability to continue to make contributions on a monthly basis. Assumes 6% annual returns compounded monthly.
An investor should consider the investment objectives, risks, charges and expenses associated with municipal fund securities before investing. More information about municipal fund securities is available in the issuer's Program Description. You may obtain a Program Description by clicking here or calling 866-529-8582. The Program Description should be read carefully before investing.
Any investment in a BlackRock CollegeAdvantage mutual fund-based investment option is not insured or guaranteed by the FDIC or any other governmental agency or other party, including the custodian/state of Ohio, the Tuition Trust, BlackRock or any of the mutual fund firms under contract with the Ohio Tuition Trust Authority. An investment in a BlackRock CollegeAdvantage mutual fund-based investment option is not a direct investment in a mutual fund itself. Participants assume all investment risk of an investment in the BlackRock CollegeAdvantage 529 Plan, including the potential loss of principal and liability for penalties such as those levied for non-educational withdrawals. Regular investing does not ensure a profit or protect against a loss in a declining market. The amount actually available for withdrawal will depend on the investment performance of the investment options chosen.
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