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SOLD_01541A 0816-Page 1 of 8DO NOT STAPLECollegeAdvantage Direct 529 Savings PlanAccount Application Read the Offering Statement and Participation Agreement before opening an Account as it contains
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01
Gather all necessary information and documents such as social security numbers, financial information, and beneficiary details.
02
Visit the official website of the DC College Savings Plan or contact their customer service to obtain the required forms.
03
Fill out the forms accurately and completely, providing all requested information. Pay close attention to any instructions or guidelines provided.
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Review the completed forms to ensure all information is correct and all necessary sections have been filled out.
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Attach any supporting documents as required, such as proof of identity or residency.
06
Submit the filled-out forms and supporting documents through the designated method, which may include online submission, mail, or in-person delivery.
07
Wait for confirmation from the DC College Savings Plan regarding the acceptance of your application. This may include receiving an account number or other relevant information.
08
Once your account is set up, consider setting up automatic contributions or regularly contributing to maximize savings for college education.

Who needs dc college savings plan?

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Parents who wish to save for their children's higher education expenses.
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Relatives or friends who want to contribute towards a child's college savings.
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Anyone interested in taking advantage of potential tax benefits associated with a college savings plan.
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The DC College Savings Plan is a tax-advantaged higher education savings program offered by the District of Columbia to help individuals save and invest for future college expenses.
Any individual or entity who wants to save for college expenses and take advantage of the tax benefits offered by the DC College Savings Plan may open an account and contribute to it.
To fill out the DC College Savings Plan, individuals need to open an account, designate a beneficiary, and start making contributions to the plan either through payroll deduction or by setting up automatic transfers from a bank account.
The purpose of the DC College Savings Plan is to help individuals save and invest for higher education expenses in a tax-advantaged way, making it easier for families to afford the costs of college.
The DC College Savings Plan requires individuals to report personal information, beneficiary details, contribution amounts, investment selections, and any withdrawals or distributions made from the account.
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