IDeal - Idaho College Savings Program

IDeal - Idaho College Savings Program is the Idaho State sponsored 529 college savings plan designed to help individuals and families save for college in a tax-advantaged way. www.idsaves.org Created by the Idaho Legislature in 2000, IDeal is offered by the Idaho College Savings Program Board with program management by Ascensus Broker Dealer Services, Inc. ("ABD"), and investment management by The Vanguard Group, Inc. The Savings Portfolio, is managed by Sallie Mae Bank. The Board is comprised of the constitutional officers of the state of Idaho and the plan staff are located within the Treasurer's office in the state Capitol building. PLAN HIGHLIGHTS: The plan offers advantages including: tax-deferred growth, generous contribution limits, attractive investment options and professional investment management. Contributions are invested and grow tax free. When used for qualified tuition expenses the federal and state taxes on the investment growth are not assessed at time of withdrawal. There is no annual account maintenance fee if either the account owner or the beneficiary is an Idaho resident. ($20 savings each year.) Idaho taxpayers receive a maximum $6,000 state income tax deduction per individual taxpayer (up to $12,000 if married, filing jointly) from their State adjusted gross income annually for contributions to IDeal. DISCLOSURE and LEGAL INFORMATION: View the legal disclosure here: www.idsaves.org/disclosure For more information about IDeal - Idaho College Savings Program ("IDeal"), call 866-433-2533 or click here to obtain a Disclosure Statement. The Disclosure Statement discusses investment objectives, risks, charges, expenses, and other important information. Because investing in IDeal is an important decision for you and your family, you should read and consider the Disclosure Statement carefully before investing. Ascensus Broker Dealer Services, Inc. ("ABD") is Distributor of IDeal. Please Note: Before you invest, consider whether your or the 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 that state’s qualified tuition program. You should also consult your financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state’s 529 college savings plan(s), or any other 529 plan, to learn more about those plans’ features, benefits, and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision. Not FDIC-Insured (except for the Savings Portfolio). No Bank, State or Federal Guarantee. May lose value. COMMENT POLICY: https://www.idsaves.org/content/commentpolicy.html