CollegeAmerica® 529

Logo. CollegeAmerica is a nationwide plan sponsored by Commonwealth Savers

Popular tasks

Put money into a 529

Find out how you, the beneficiary or friends and family can contribute to your CollegeAmerica account.


Take money out of a 529

Find out how to have money sent from your CollegeAmerica account to the school, you or the beneficiary.

Determine whether an expense is qualified

Review what expenses are generally considered qualified and the tax implications for taking a nonqualified distribution.

Getting started

Review key features of 529 savings plans

Learn about the key features and benefits of a 529 education savings plan.

Open a CollegeAmerica account

Learn about CollegeAmerica accounts at Capital Group and how to open one.

Roll over an existing education account

Move an existing education account to your CollegeAmerica account at Capital Group.

CollegeAmerica transactions

Put money in

Contributions

Learn how to make one-time or automatic contributions into your CollegeAmerica account.

529 CONTRIBUTIONS

Put money in

Contributions from friends and family

Learn how friends and family can contribute to your CollegeAmerica account.

529 GIFT OPTIONS

Reallocate funds

Exchanges and rebalances

Learn how to exchange or rebalance funds in an existing account at Capital Group.

EXCHANGES AND REBALANCES

Take money out

Distributions

Learn how to take money from your CollegeAmerica account and have it sent to the account owner, beneficiary or school.

529 DISTRIBUTIONS

529 FAQ

Frequently asked questions

Find answers to common CollegeAmerica account questions about contributing, exchanging, distributing and changing the owner or beneficiary.

529 FAQ

Link your bank account to easily make investments in your account at Capital Group

By linking your bank account, you can easily and securely invest via Automated Clearing House (ACH).
 

Just log in and click Set Up under Bank Information.

Popular 529 tax questions

Find answers to common questions about CollegeAmerica account tax reporting for contributions, strategy changes and distributions.


Tax Center

Find information to help you with your annual tax filing, when to expect your tax forms and more.

CollegeAmerica account updates

Updating 529 beneficiaries and account owners

Learn how to update the beneficiary, successor owner or owner on a CollegeAmerica account.


Updating your personal information

Learn how to easily update your contact information, statement delivery preferences and more.

Contact us

Have questions? We're here to help.

Contact us 8:00 a.m. to 7:00 p.m. ET, Monday through Friday.

This material does not constitute legal or tax advice. Investors should consult with their legal or tax advisors.
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