Five Things

Earnings on your investment grow tax-deferred while invested, and are tax-free at both a federal and state level if used for any Qualified Disability Expenses. Contributions qualify for the federal gift tax exclusion up to $16,000. You may also be eligible for a state income tax deduction or other benefits.

There is a low $50 minimum contribution when an account is opened, and $25 if you select the Automatic Investment Plan (AIP) or payroll deduction at enrollment. After you open an account, there is a $25 minimum for subsequent contributions, waived if you contribute systematically from a paycheck or from a bank account. Save as little as you want or whatever you can afford.

While assets in the account belong to the account owner, anyone can contribute. You, friends, and family members can all contribute to your account up to an annual total contribution limit of $16,000 from all sources. You can contribute by check or online and with prescheduled contributions from a paycheck or bank account. We even have a way to make gift contributions.

Any Eligible Individual nationwide can open an account in under 10 minutes online or by paper form.

Our professional investment team has created affordable investment options including three which invest in low-cost Vanguard index funds; an FDIC-insured bank savings option and a checking option with checks and a debit card.