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* The Federal Deposit Insurance Corporation (FDIC) generally insures, with respect to each FDIC-insured institution, deposit accounts that are held in the same right and capacity up to the maximum amount set by federal law, currently $250,000. An account owner’s interest in the insurable balance of a College Savings Bank, a Division of NexBank CD account is insured by the FDIC on a pass-through basis, together with any other deposit accounts the account owner holds at College Savings Bank, a Division of NexBank, in the same right and capacity, up to the maximum amount.

CollegeChoice CD is sponsored by the State of Indiana and administered by the Indiana Education Savings Authority. College Savings Bank, a Division of NexBank, serves as a Program Manager for CollegeChoice CD. As a Program Manager, College Savings Bank, a Division of NexBank, supports all aspects of the day-to-day operations of CollegeChoice CD, including marketing, recordkeeping and administrative support. CollegeChoice CD offers portfolios that invest in either a College Savings Bank, a Division of NexBank issued CD or a savings account. CDs may be subject to early withdrawal penalties. For additional information, please refer to the CollegeChoice CD Disclosure Statement. Download the CollegeChoice CD Information and Enrollment Kit.

If you are not an Indiana taxpayer, before investing you should consider whether your or the beneficiary’s home state offers a 529 plan that provides its taxpayers with favorable state tax and other benefits that may only be available through an investment in the home state’s 529 plan, and which are not available through an investment in CollegeChoice CD. NexBank and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

You also may wish to contact your home state’s or any other 529 plan, to learn more about those plans’ features, benefits, and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to consider when making an investment decision. In addition, you should periodically assess, and if appropriate, adjust your 529 plan investment choices with your time horizon, risk tolerance, and investment objectives in mind.

The CollegeChoice CD 529 Savings Plan is not insured by the State of Indiana. Neither the principal invested nor the investment return is guaranteed by the State of Indiana.

CollegeChoice CD

College 529 Plans

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Dallas, Texas 75201
888-913-2885