• If you currently have a CollegeAdvantage account, you can reallocate your investments by accessing the My Account secure section of our Web site.
• If you prefer to mail in a form, Reallocation Forms can be downloaded or ordered on the Forms page.

Reallocations, or exchanging assets from one investment option to another, are allowed per IRS rules governing 529 plans; however, there are limits as to how many times you can reallocate within a calendar year for the same beneficiary. Current IRS rules allow 529 account owners to make one reallocation per calendar year.  (Reallocations can also be made when assets are transferred to a new Beneficiary.)

Only the Account Owner may reallocate assets. A written confirmation of the reallocation will be sent to the Account Owner at his or her address of record.

Guaranteed Savings Fund only - Beneficiary under age 18
Assets reallocated from the Guaranteed Savings Fund to another investment option
Allocation of assets in a CollegeAdvantage account are permitted for the Guaranteed Savings Fund for Beneficiaries under age 18. Tuition units purchased in the Guaranteed Savings Fund, however, are priced to be held on account until the Beneficiary is age 18. If funds are reallocated to another investment option before the Beneficiary is age 18, the payout value of tuition units will likely be less than if the units were held on account until the Beneficiary is 18, and may be less than the purchase price paid for the units.

Call 1-800-AFFORD-IT (233-6734) or log in to your account to get the value of your Guaranteed Savings Fund investment for reallocations to another investment option when the Beneficiary is under age 18.