Ohio's CollegeAdvantage 529 Plan - Every dream takes a plan. The Ohio CollegeAdvantage 529 Savings Plan is a tax-free way to save for your child or grandchild's college education. Offered by the Ohio Tuition Trust Authority, a state agency, it provides an easy, affordable and flexible way to save to help you reach your college savings goals.

Benefits of Ohio's 529 Plan
• Earnings are tax-free if used for college.
• Contributions are deductible from Ohio taxable income.
• Start an account for as little as $25.
• Use funds at any college in the country.
• Benefit from professional money management by leading financial firms.
• Flexibility to manage your account and make changes as needed.

There are two ways to save with CollegeAdvantage
CollegeAdvantage Direct

If you are comfortable selecting investment options and managing your own account, the CollegeAdvantage Direct plan may be right for you. This is a lower-fee plan with quality investment options managed by Vanguard, Fifth Third Bank, PIMCO, GE Asset Management and OppenheimerFunds.

Learn more about the direct plan
CollegeAdvantage Advisor

If you have a financial advisor, or are interested in working with one, CollegeAdvantage offers BlackRock and Putnam CollegeAdvantage 529 plans. Both offer the same 529 tax-saving benefits, but have different investment options and managers.

Learn more about the advisor plans

If you are not an Ohio taxpayer, before you invest, consider whether your home state offers a 529 plan that provides its taxpayers with state tax or other benefits not available through this plan.

CollegeAdvantage is a 529 college savings plan offered and administered by the Ohio Tuition Trust Authority (OTTA). OTTA has overall responsibility for the day-to-day operations of the Direct program, including record-keeping and transfer agency services.

CollegeAdvantage Direct is described in the current Offering Statement and Participation Agreement, which includes investment objectives, risks, charges, expenses, and other important information; read and consider it carefully before opening an account.

OTTA also sponsors and provides oversight of the CollegeAdvantage Advisor plans offered by BlackRock and Putnam Investments. The BlackRock CollegeAdvantage advisor plan is described in the BlackRock CollegeAdvantage Offering Statement and Participation Agreement, which includes investment objectives, risks, charges, expenses, and other important information; read and consider it carefully before opening an account. The Putnam CollegeAdvantage advisor plan is described in the Putnam CollegeAdvantage Offering Statement and Participation Agreement, which includes investment objectives, risks, charges, expenses, and other important information; read and consider it carefully before opening an account.

Any investment in a CollegeAdvantage mutual fund-based investment option is not insured or guaranteed by the FDIC or any other governmental agency or other party, including the state of Ohio, OTTA or any of the mutual fund firms under contract with OTTA. Any investment in a Fifth Third investment option, however, is insured by the Federal Deposit Insurance Corporation (FDIC), up to the limits set by the FDIC. An investment in a CollegeAdvantage mutual fund investment option is not a direct investment in a mutual fund itself. Except for the Fifth Third investment options, participants assume all investment risk of an investment in CollegeAdvantage, including the potential loss of principal. 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.

© 2009, Ohio Tuition Trust Authority. The OTTA silhouette logo, Ohio Tuition Trust Authority and CollegeAdvantage are registered trademarks of the Ohio Tuition Trust Authority. If you have questions, please call us at 1-800-AFFORD-IT (233-6734) Monday through Friday from 8:30 a.m. to 5:00 p.m.