CollegeAdvantage is Ohio's 529 college savings program featuring tax-free savings,
low fees, and a wide range of investment options managed by Putnam Investments,
The Vanguard Group and Fifth Third Bank.
Until July 31, 2008, Fifth Third Bank is offering special above-market rates on CollegeAdvantage 529 CDs with terms from 2 to 4 years. APYs range from 4.00% to 4.50%. Low $500 minimum deposit, guaranteed return and FDIC-insured.
Savingforcollege.com, a leading authority on 529 plans, rates Ohio's direct-sold CollegeAdvantage 529 Savings Plan as one of the best in the country, with a perfect Five Cap Rating for Ohio residents.
LOW FEES
Lower fees put more of your money to work for you! Already among the lowest in the nation compared to other 529 plans, most of our 32 investment options now have even lower fees.
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 program, including record-keeping and transfer agency services.
Any investment in a Putnam or Vanguard investment option is not insured or guaranteed by the FDIC or any other governmental agency, including the state of Ohio, OTTA, Putnam Investments or The Vanguard Group. An investment in Putnam or Vanguard Investment Options is not an investment in a mutual fund. Any investment in a Fifth Third investment option is insured by the FDIC. 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 loss in a declining market. The amount actually available for withdrawal will depend on the investment performance of the investment options chosen.
CollegeAdvantage 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.
