Before you get started
Contributions are generally processed the day they are received and credited to your account the same business day. Contributions received after the close of the New York Stock Exchange are invested at the next business day’s price per share. Consider talking to your financial professional before investing. They can offer advice and help you make decisions that support your long-term financial plan.
Things to consider
- A $550,000-per-beneficiary contribution limit applies across all plans administered by Virginia529, including CollegeAmerica, CollegeWealth®, Prepaid529SM and Invest529® (including Tuition Track Portfolio).
- To prevent delays, you must provide investment instructions, including the account and fund(s) to be credited. Contributions cannot be processed until complete instructions are provided, which can impact the trade date the contribution receives.
- Contributions made from a bank account via Automated Clearing House (ACH) are credited to your American Funds account on the day they are received. It can take your bank up to 3 business days to debit your checking or savings account.
