What is the BlackRock CollegeAdvantage 529?
BlackRock CollegeAdvantage 529 plan is comprised of mutual funds and ETFs from BlackRock, iShares and other leading asset managers. It also has tax advantages for multiple states, with added benefits for Ohio residents.
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Investment options
The BlackRock CollegeAdvantage 529 Plan offers three distinct investment approaches, allowing you to choose the options that best fit your college planning needs.
Pricing and performance
Get to know the ins and outs of how your 529 plan is performing so you can keep your college savings on track.
What is a 529 investment plan for?
• Saving for a student’s college education
• Paying your graduate school expenses
• Pursuing an interest through CE courses
• Growing higher education savings tax-free1
What college expenses does it cover?2
• Tuition
• Room and board
• Fees
• Books, supplies and required equipment
• Computer equipment and technology
What are the key benefits?
• Grow and withdraw assets free of federal taxes
• Additional state tax benefits, where applicable
• Flexibility to transfer to another eligible relative
• No income limitations for making contributions
Forms and applications
Need to open an account, update an existing one, or make a withdrawal? Fill out and submit the necessary forms, and we’ll take care of the rest.
Frequently asked questions
To help you simplify the process, we’ve answered the most common questions that surface around 529 college savings plans.
Tips for withdrawals
Read our helpful withdrawal guide when you plan to put the money invested in your 529 plan to good use.
Cost of delaying savings calculator
Determine approximately how much more you would need to save for every year you delay saving for college.
College savings estimator
Determine approximately how much money you need to save to pay for college.
529 Comparison tool
Look at different plans to see which the best option for you is.
Explore our new experience. If you still have questions, call 866-529-8582
1 Withdrawals from a 529 plan are tax-free when used for qualified higher education expenses, which include tuition, mandatory fees, books, supplies, and for certain computer technology and equipment, room, board and off-campus housing expenses (as long as the cost does not exceed the cost of on-campus housing). Non-qualified withdrawals are subject to a 10% federal penalty as well as federal, state and local income tax.
2 Expenses for room and board and computer equipment and technology are subject to certain eligibility requirements.
An investor should consider the investment objectives, risks, charges and expenses associated with municipal fund-based 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.
The BlackRock CollegeAdvantage 529 Plan is designed to be a Qualified Tuition Program under Section 529 of the Internal Revenue Code. The Plan is sponsored by the state of Ohio. If you are not an Ohio taxpayer, consider before investing whether your or the designated beneficiary’s home state offers any state tax or other benefits that are only available for investments in such state’s qualified tuition program.
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 OTTA. 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 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.
| • Not FDIC insured • May lose value • No bank or credit union guarantee • Not a deposit • Not insured by any federal government agency or NCUA/NCUSIF |
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