Which will grow faster:
My child or my child's college fund?
That's a question that concerns many parents today as
college costs continue to rise each year.
Anyone can participate, no matter where you live in the U.S.
Earnings grow federal income TAX FREE when funds are used for qualified higher education expenses.
Assets can be used at most accredited post-secondary schools in the U.S. for tuition, room, board, books and supplies. Some foreign schools are also eligible.
There are no income restrictions on participation.
A broad offering with flexible pricing - the Client Direct Series and the Client Select Series portfolios.
The NextGen College Investing Plan is a Section 529 plan administered by the Finance Authority of Maine. Investing oversight is provided by the Maine State Treasurer. Merrill Lynch, Pierce, Fenner & Smith Incorporated is the program manager and distributor of the NextGen College Investing Plan.The NextGen Plan has been designed to meet the requirements of a qualified tuition program under Section 529 of the Internal Revenue Code.
Before you invest in the NextGen plan, please carefully read the NextGen Enrollment Kit. The program description contains more complete information, including investment objectives, charges, expenses and risks of investing in the NextGen plan, which you should consider. You should also consider whether your home state or your designated beneficiary’s home state offers any state tax or other benefits that are only available for investments in such state’s 529 plan. Click here to obtain a free NextGen Enrollment kit, including the current Program Description. Merrill Lynch, Pierce, Fenner & Smith Incorporated is the distributor of the NextGen plan.