CollegeInvest is Colorado’s official 529 savings program, designed to help families plan for future education costs. These savings plans offer tax-deferred growth and tax-free qualified withdrawals for education expenses such as tuition, books and housing.

Contributions are flexible, can be adjusted at any time and offer potential Colorado state income tax benefits depending on your circumstances. Additionally, through CU’s voluntary benefit, employees also have the option to set up payroll contributions, making it easier to save consistently throughout the year.

With new programs like First Step and upcoming educational webinars, there’s never been a better time to explore what a 529 plan can do for you.