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Stable Value Pre-college Savings Clansman DISCLOSURE STATEMENT, PARTICIPATION AGREEMENT, & PRIVACY POLICY COLLEGEINVEST Trustee and AdministratorBRIGHTHOUSE LIFE INSURANCE COMPANY ManagerMARCH 2017COLLEGEINVEST
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A college savings plan is a tax-advantage investment account designed to help families save for future college expenses.
Any individual or family who wants to save for college expenses can open and contribute to a college savings plan.
To fill out a college savings plan, individuals need to choose a plan provider, open an account, choose investment options, and contribute regularly.
The purpose of college savings plans is to help families save and invest money for future college expenses, such as tuition, fees, and room and board.
College savings plans require individuals to report contributions, withdrawals, and account growth for tax purposes.
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