Join thousands of families in North Dakota who are already saving for education with College SAVE!
Parents and grandparents alike understand the value of education to help make their loved one’s dreams come true.
Meet some of the young North Dakotans who have already begun saving for the future:
It doesn't take much to uncover the past for this future paleontologist because his parents know how important it is to start saving for his future with College SAVE.
Saving early and often can help future dreams come true like Trevor's dream of becoming a firefighter and paramedic.
Some of life's sweetest moments involve children and pets, so there's nothing sweeter than saving for a little animal lover. College SAVE can help you start saving today.
This fifth grader wants to be a nurse. Her parents started saving now, so when she graduates she's not swimming in debt.
Being prepared for future college expenses is a good look on anyone. Just like "that look" you get from your kids once they learn you opened a College SAVE account for them.
Starting early is key, especially when it comes to supporting this girl's dream in Equine Science. Don't miss out on the chance to gallop into a bright future!
It's all the "buzz" that saving early for college can help little ones get a head start on their bright futures. Learn what College SAVE can offer through state and federal tax advantages, along with match program incentives.
Even though college is a way down the path for these two, their parents know to start saving now.
Helping their pride and joys is what parents strive to do. Learn how you can help your pride and joys easily save for college with College SAVE through state and federal tax advantages and match incentives!
This may be Sutton’s “first rodeo” but her parents don’t want the cost of college to be a surprise, so they are saving for her future with College SAVE.
It doesn’t hurt to start saving early and often with College SAVE. These future classroom kids will be taking full advantage of their parents' wise investing with College SAVE.
John’s parents know their “little guy has a bright future” and they want to give him a head start by taking advantage of College SAVE.
Bingham’s parents know that “dreams are the launching pad to a brighter future” so they started investing in his future with College SAVE at the earliest stage possible.
This future farmer's parents know about planting the seeds to success and that’s why they are saving for Tate’s future with College SAVE.
Sloane, the bookworm, is prepping to use her College SAVE account in 2039! Find out what Sloane and her parents already know about College SAVE’s tax incentives and match incentives today!
Benefits of saving with College SAVE:
- North Dakota taxpayers may deduct up to $5,000 (up to $10,000 for married, filing jointly) of your College SAVE Plan contributions from your North Dakota state taxable income 1
- Withdrawals for qualified educational expenses are exempt from federal and state tax 2
- College SAVE funds can be used at a variety of eligible institutions including traditional colleges and universities, graduate programs, vocational and trade schools, any apprenticeship program registered and certified with the Department of Labor, and more 3
- Bank of North Dakota offers three great Match programs to help you get a head start on saving
Interested in learning more? Sign up to receive information about the plan.
Ready to get started? Enroll now.
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1 Rollovers from another state's 529 plan are not eligible for the state income tax deduction.
2 Earnings on non-qualified withdrawals may be subject to federal income tax and a 10% federal penalty tax, as well as state and local income taxes. The availability of tax or other benefits may be contingent on meeting other requirements.
3 An eligible institution includes those that can participate in federal financial aid programs, training and apprenticeship programs, and K-12 programs.
Ascensus Broker Dealer Services is the distributor of the North Dakota College SAVE plan, Learn more about Ascensus Broker Dealer Services, LLC on FINRA's BrokerCheck.
For more information about North Dakota's College SAVE Plan (College SAVE), call 1-866-SAVE-529 (1-866-728-3529) or click here to obtain a Plan Disclosure Statement. Investment objectives, risks, charges, expenses, and other important information are included in the Plan Disclosure Statement; read and consider it carefully before investing. Ascensus Broker Dealer Services, LLC (ABD) is Distributor of the College Save.
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.
College SAVE is a 529 plan established by the State of North Dakota. Bank of North Dakota (Bank) acts as trustee of College SAVE Trust, a North Dakota Trust, and is responsible for administering College SAVE Trust and College SAVE. ABD, the Plan Manager, and its affiliates, have overall responsibility for the day-to-day operations of the Plan, including recordkeeping and marketing. The Vanguard Group, Inc. (Vanguard) provides underlying investments for the Plan. The College SAVE's Portfolios, although they invest in mutual funds, are not mutual funds. Units of the Portfolios are municipal securities and the value of units will vary with market conditions.
Investment returns are not guaranteed and you could lose money by investing in College SAVE. Participants assume all investment risks, including the potential for loss of principal, as well as responsibility for any federal and state consequences.
Not FDIC Insured. No Bank, State or Federal Guarantee. May Lose Value.
Vanguard and the ship logo are trademarks of The Vanguard Group, Inc. Upromise is a registered service mark of Upromise, Inc. All other marks are the exclusive property of their respective owners. Used with permission.
© 2023 Bank of North Dakota. Ascensus Broker Dealer Services, LLC, Member FINRA. All Rights Reserved.
