Can I put him through college without a mountain of debt?

With CollegeAmerica® from Capital Group, the nation’s largest 529 education savings plan,* I can.

CollegeAmerica is a nationwide plan sponsored by Virginia 5 2 9.

* As of December 31, 2023.

† Largest by assets, according to the 529 Quarterly Data Update, Fourth Quarter 2023 from ISS Market Intelligence. As of December 31, 2023, CollegeAmerica’s assets under management (AUM) was $85.7 billion.

‡ 529 College Savings Quarterly Fee Analysis, Fourth Quarter 2023 from ISS Market Intelligence. CollegeAmerica’s fees were in the lowest fee quartile of the 32 national advisor-sold 529 plans and in the lowest fee quartile of the 29 national fee-based, advisor-sold 529 plans, based on the average annual asset-based fees that included CollegeAmerica's Class 529-A and 529-F-3 shares, respectively.

§ Funds in a 529 savings account can also be used for payments toward the principal and interest of a qualified student loan (up to a $10,000 lifetime maximum per individual) for the beneficiary and each of the beneficiary's siblings.

|| Penalty-free rollovers can be made if the account has been open for more than 15 years, and the amount to be rolled over must have been in the account for a minimum of five years. This rollover allowance has a $35,000 lifetime cap per beneficiary.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing. Similar information is contained in the CollegeAmerica Program Description, which can be obtained from a financial professional and should be read carefully before investing. CollegeAmerica is distributed by Capital Client Group, Inc., and sold through unaffiliated intermediaries.
Depending on your state of residence, there may be an in-state plan that provides state tax and other state benefits, such as financial aid, scholarship funds and protection from creditors, not available through CollegeAmerica. Before investing in any state's 529 plan, investors should consult a tax advisor. CollegeAmerica is a nationwide plan sponsored by Commonwealth Savers. 
This material does not constitute legal or tax advice. Investors should consult with their legal or tax advisors.
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Capital Client Group, Inc.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.