
Simplifying college savings is a top priority for many families.
SsGA 529 Upromise offers a hassle-free way to save for education expenses.
The Upromise program allows you to earn rewards on your everyday purchases, which can be redeemed for college expenses.
These rewards can add up quickly, making a significant impact on your college savings.
By linking your credit card or debit card to the Upromise program, you can earn a percentage of your purchases back as rewards.
SSgA 529 Plans
The SSgA 529 Plans offer a range of benefits, including the ability to start investing with as little as a $15 opening deposit.
These plans are designed to help families save for college, and Nevada residents get some extra perks, such as contribution matching grants up to certain limits and a College Kick Start account with an initial deposit of $50 for every kindergartener enrolled in a public school in Nevada.
You can enroll in the SSGA Upromise 529 Plan online, by downloading and mailing an enrollment form, or by requesting an enrollment kit be mailed to you.
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The plan is open to all U.S. citizens, and Nevada residents can participate in the Silver State Matching Grant Program.
The SSgA Upromise 529 Plan offers a variety of low-fee investment portfolios designed for all types of savers and built with low-fee exchange-traded funds (ETFs).
You can request a withdrawal by visiting your account online or by contacting your financial advisor.
The plan has a minimum deposit requirement of $250, or $50 if you choose to use the automatic monthly plan, and minimum subsequent contributions are $50, $15 with payroll deduction, and $25 by transferring from the Upromise rewards service.
Through your Upromise College Fund 529 Plan, you have the option to be a part of a reward program set up by Upromise, which offers a percentage of purchases that convert into rewards points and ultimately contribute to your account.
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Nevada 529 Plan
The SSgA Upromise 529 Plan is available in Nevada, where it was previously known as the Upromise College Fund 529 Plan.
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This plan offers a range of investment options, including seven college date portfolios that are tactically managed to adjust to changing market conditions.
The plan's investment solutions also include risk-based portfolios tailored to an investor's risk tolerance, featuring three portfolios that employ a tactical asset allocation strategy.
Nevada's Prepaid Tuition Program allows parents to buy college credit hours at today's prices to redeem in the future, no matter how much tuition has inflated by then.
Credit prices reflect those of public universities in Nevada and can change each year, so it's essential to check in with the program for the most current prices and scholarship opportunities.
How to Enroll in Nevada’s 529 Plan
You can enroll in Nevada's SSGA Upromise 529 Plan online, or you can download a form and mail it in or request an enrollment kit be mailed to you.
To enroll, you'll need some basic information about yourself and your beneficiary, such as your address, Social Security number or tax identification number, and bank account and routing numbers if you're making an initial deposit electronically.
The minimum initial deposit is $15, and you can make it electronically to avoid any extra hassle.
Nevada doesn't levy a state income tax, which means it can't offer any state-tax deductions for its 529 plans.
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Nevada Prepaid Program
The Nevada Prepaid Program is a type of 529 plan that helps you save on college tuition by locking in today's prices.
By buying college credit hours at today's prices, you can redeem them in the future no matter how much tuition has inflated.
Tuition prices at public universities in Nevada are reflected in the credit prices, and they can change each year.
You can check in with the Nevada Prepaid Tuition Program for the most current prices and most recent scholarship opportunities and requirements.
Investment Options
The SSGA Upromise 529 Plan offers several portfolio investment options, including College Date Portfolios that automatically adjust their asset allocation to become less risky as your child gets closer to college age.
You can choose a College Date Portfolio named after the year you expect your child to attend college, which aims for strong growth when your child is young by taking on more risk and investing in stock funds.

These portfolios will rebalance to invest more in safer investments like bond funds as your child grows up, with an aim to protect your savings and still get a steady return.
You can also invest in risk-based portfolios, which invest in stock, bond, and money market funds, with a constant asset allocation.
The plan also offers static portfolios, each investing in a single underlying fund, which can be used individually or in combination with other options.
Keep in mind that portfolio options are subject to change, so it's essential to reevaluate your investment options periodically.
You're allowed to change portfolio options twice per year, as per federal law.
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College Savings Simplified
The Upromise College Fund 529 Plan is a traditional 529 plan that allows you to invest money today and reap tax benefits when you withdraw it to pay for qualified education expenses.
You can get started with as little as a $250 deposit, or if you choose to use the automatic monthly plan, you can open an account with only $50.
Minimum subsequent contributions are $50, $15 with payroll deduction, and $25 by transferring from the Upromise rewards service.
Through your Upromise College Fund 529 Plan, you have the option to be a part of a reward program set up by Upromise, which offers a percentage of purchases that convert into rewards points, and ultimately convert into account contributions.
Qualified Nevada residents can participate in the “Silver State Matching Grant Program” and receive contribution matching grants up to certain limits.
The SSGA Upromise 529 Plan offers a variety of low-fee investment portfolios designed for all types of savers and built with low-fee exchange-traded funds (ETFs).
Nevada residents get considerable perks, including a College Kick Start account with an initial deposit of $50 for every kindergartener enrolled in a public school in Nevada.
The plan periodically provides contribution matching grants up to certain limits for eligible Nevada residents.
You can start investing in your children's educational futures with as little as a $15 opening deposit.
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Plan Details
The SSgA Upromise 529 Plan is a direct-sold plan that can be purchased through the state of Nevada.
You can get started with a minimum deposit of $250, or $50 if you choose to use the automatic monthly plan. Minimum subsequent contributions are $50, $15 with payroll deduction, and $25 by transferring from the Upromise rewards service.
The plan features investment strategies using State Street's SPDR exchange-traded funds (ETFs), which are designed to lower costs and simplify investment choices.
The SSgA Upromise 529 Plan includes new portfolio options managed by SSgA's Investment Solutions Group, a team of investment professionals who develop customized solutions for specific needs.
The plan offers seven college date portfolios, each designed to make investing easy by selecting the year in which the beneficiary is expected to start college.
Risk-based portfolios are also available, tailored to match an investor's risk tolerance, with three portfolios (conservative, moderate, and aggressive) that employ a tactical asset allocation strategy.
The plan is open to all United States residents, not just those in Nevada, and offers a reward program set up by Upromise, which allows you to earn rewards points on purchases that convert into account contributions.
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Frequently Asked Questions
Is Upromise a 529?
No, Upromise is not a 529 plan itself, but rather a rewards program that allows cardholders to earn money directly toward a 529 college savings account.
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