Private College 529

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RIAs: Help Clients Outsmart Tuition Inflation and Avoid Market Risk


Private College 529 PlanSM is a prepaid tuition plan for private colleges and universities offered by the not-for-profit organization, Tuition Plan Consortium, LLC (TPC).

The Plan offers what no other 529 plan does: a secure way to lock in today’s tuition rates at an ever-growing group of more than 270 private colleges and universities across the U.S. Demonstrate your value by offering clients this unique solution to help them achieve the dream of a private college education for their children—while also serving as a smart estate and tax planning tool.

Guaranteed Tuition Provides Peace of Mind

Private College 529 Plan is structured as a pre-purchase of tuition—not a market-based investment—offered by the not-for-profit organization Tuition Plan Consortium, LLC (TPC). Regardless of how much tuition rises at member colleges or how financial markets perform, member schools guarantee the tuition benefit.

Flexible

Clients may purchase tuition at today’s prices and redeem tuition certificates at any of the participating colleges or universities for up to 30 years.1 Since the more than 270 schools are all eligible for the guaranteed offer, there is no need to select any one school at the time the account is established. The Plan provides a helpful “track your five favorite schools” feature that allows clients to monitor their progress towards their college savings goals.

A No Fee Plan

The Plan charges no fees of any kind to you or your client. Member schools pay the Plan’s administrative costs.

Tax Advantaged

The Plan offers the same attractive potential tax benefits found in traditional 529 plans.

RIA Institutional Materials

Learn more about the Plan and our full range to reach clients.

FAQs

Q: Do your clients already have a 529 plan?

A: Opening a Private College 529 Plan account alongside a traditional, state-sponsored, market-based 529 college savings plan, provides the opportunity to combine the benefits of pre-purchasing tuition as well as saving for room and board and other qualified fees through a traditional 529 savings program.

View all FAQs



1. A tuition certificate consists of all contributions to a single beneficiary’s account within a single plan enrollment year. Each unique certificate will be eligible for the redemption of tuition for 30 years from the date of the first contribution in each enrollment year. A 36-month holding period applies before certificates can be redeemed.

If the account owner dies before the end of the five-year period, a prorated portion of the contribution allocable to the remaining years in the five-year period, beginning with the year after the contributor’s death, will be included within his or her estate for federal tax purposes.

2. Participation in Private College 529 Plan does not influence or guarantee admission to any college or university.

The information contained herein is subject to change without notice. This material is provided for general and educational purposes only, and is not intended to provide legal, tax or investment advice, or for use to avoid penalties that may be imposed under U.S. federal tax laws. Clients should contact their attorney or other advisor regarding their specific legal, investment or tax situation.

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Private College 529 Plan is established and maintained by Tuition Plan Consortium, LLC. OFI Private Investments Inc., a subsidiary of OppenheimerFunds, Inc., is the program manager. Participation in the Plan does not guarantee admission to any college or university, nor does it affect the admissions process. Tuition certificates are not insured or guaranteed by the FDIC, TPC, any governmental agency or OFI Private Investments Inc. or its affiliates. Purchasers should carefully consider the risks associated with purchases and refunds of tuition certificates. The Disclosure Statement, including the Enrollment Agreement, contains this and other information about the Plan, and may be obtained by visiting privatecollege529.com or calling 1.888.718.7878. Purchasers should read these documents carefully before purchasing a tuition certificate.
© 2014 OFI Private Investments Inc.