State Farm® 529 Savings Plan – Investment Options
This Plan, named after Section 529 of the Internal Revenue Code, is designed to help you make saving for college a priority while offering tax benefits. For example, earnings and withdrawals may be free from federal and possibly state income taxes.
You Select Your Funding Options
Invest your after-tax contributions as you choose from a variety of portfolios, including an Age-based option and seven Static Investment Options.
The Age-Based Investment Option
Contributions are placed in a portfolio according to the child’s age. As the child ages, the allocations automatically adjust to become more conservative.
The Static Investment Options
Each of these options offer a fixed allocation to underlying funds throughout the life of the investment.
Learn more about the State Farm® 529 Savings Plan.
For more about planning for college, check out our Education Savings Plans page.
The State Farm 529 Savings Plan (the "Plan"), is sponsored by the State of Nebraska and administered by the Nebraska State Treasurer. The State Farm 529 Savings Plan offers a series of investment options portfolios within the Nebraska Educational Savings Plan Trust (which) offers other investment portfolios not affiliated with the State Farm 529 Savings Plan. The State Farm 529 Savings Plan is intended to operate as a qualified tuition program to be used only to save for qualified higher education expenses, pursuant to Section 529 of the U.S. Internal Revenue Code.
An investor should consider the Plan’s investment objectives, risks, charges and expenses before investing. The Program Disclosure Statement at statefarm.com® which contains more information, should be read carefully before investing.
Investors should consider before investing whether their or their beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s qualified tuition program and should consult their tax advisor, attorney and/or other advisor regarding their specific legal, investment or tax situation.
Investing involves risk, including potential for loss.
You could lose money by investing in in this investment option. Although a money market fund in which your investment option invests (the underlying fund) seeks to preserve its value at $1.00 per share, the underlying fund cannot guarantee it will do so. An investment in this investment option is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The underlying fund’s sponsor has no legal obligation to provide financial support to the underlying fund, and you should not expect that the sponsor will provide financial support of the underlying fund at any time.
Before investing in a 529 plan, consider the plans investment objectives, risks, charges, and expenses. Contact the plan issuer for an official statement containing this and other information. Read it carefully. An investor should consider, before investing, whether the investor’s or designated beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state’s qualified tuition program.
Neither State Farm® nor its agents provide tax or legal advice.