Az529 Plan - Investment Options

Investment Options

The Arizona Family College Savings Program offers a variety of investment choices including both FDIC insured CD’s and Mutual Funds. The AZ 529 Plan offers college savings options to meet your specific investment style and risk tolerance through two direct to consumer sold program partners and a financial adviser-sold program manager.

What is a CD?
529 Plan CDs are similar to savings accounts and traditional bank CDs in that they have a fixed or variable interest rate for a certain term and are FDIC insured up to $250K. The difference is that 529 CD interest earnings is tax deferred and tax free if used for qualified college expenses.
What is a Mutual Fund?
A mutual fund is a grouping of stocks, bonds, cash investments or a combination of these options in which individuals hold shares. Mutual funds are professionally managed by a fund manager or managers.
What is a Direct Sold
Program?
Direct-Sold programs offer families the option to enroll in a 529 Plan by calling one of the program managers or easily enrolling online. The Arizona 529 Planís direct-sold programs include Fidelity Investments and College Savings Bank
What is an Advisor Sold
Program?
Advisor-Sold programs  offer families the option to work one-on-one with a financial advisor to plan the appropriate investment strategy. Waddell Waddell & Reed's Ivy InvestEd 529 Plan is  Arizona’s advisor-sold program.

One State Plan, Three Great Choices

The AFCSP currently offers an array of investment choices to meet your specific investment style and risk tolerance through two distinct direct-sold providers and an adviser-sold provider.

The Arizona Family College Savings Plan is not insured by the State of Arizona or any of the program providers. Neither the principal deposited nor the investment return is guaranteed by the State of Arizona or the program providers.