Delaware College Investment Plan
In the News: On February 23, 2010, Governor Jack Markell unveiled a new tool to make college investing easier. The proposal, sponsored by Representative Terry Schooley and Senator Dave Sokola, will allow taxpayers to direct their tax refunds to their college investment savings plan and will be pre-filed as House Bill 335 on March 11th. More...
The Delaware College Investment Plan is a 529 plan sponsored by the state of Delaware and managed by Fidelity Investments. 529 college savings plans are flexible, tax-advantaged accounts designed to help parents, grandparents, and others pay for higher education expenses.
The Delaware Plan offers a choice of portfolios tailored to a child's age or the ability to customize portfolio selections based on an asset allocation strategy. Withdrawals can be used for qualified expenses at any accredited college nationwide and many international institutions.
For general information about 529 plans, visit Savingforcollege.com (http://www.savingforcollege.com/).
Delaware Plan enrollment kits and applications are available online at www.fidelity.com/delaware or by calling the Wilmington Investor Center at 1-800-201-5380.
