

Review your credit reports frequently (at least once a year).
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serves as program manager for ScholarShare College Savings Plan (the “Plan”). The accuracy of information on those sites cannot be confirmed.Īll social media platforms are managed by the State of California. Neither the Plan nor TFI and its affiliates are responsible for the content of those other Web sites. The Plan Web site contains links to other Web sites. TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributor and underwriter for the ScholarShare College Savings Plan. The ScholarShare College Savings Plan is offered by the State of California. Non-qualified withdrawals may also be subject to an additional 2.5% California tax on earnings. If the funds aren’t used for qualified higher education expenses, a 10% penalty tax on earnings (as well as federal and state income taxes) may apply. Investments in the plan are neither insured nor guaranteed and there is the risk of investment loss.
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You should also consult your legal or tax professional for tax advice based on your own circumstances. 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. Read and consider it carefully before investing. Speak to a ScholarShare Workplace 529 representative.įor more information about the ScholarShare College Savings Plan, call 1-80 or click here for a Plan Description which includes investment objectives, risks, charges, expenses, and other important information. Already offering Learn more about our workplace savings services and support.Learn more Learn more about our employers and organizations plans.Give your employees access to ScholarShare Our new website for parents with high school JRs and SRs ScholarShare Report on Higher Education.

