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CollegeBound 529

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Category: Managed Fund

Description

CollegeBound 529 is a college savings program sponsored by the State of Rhode Island and administered by Invesco, providing tax-advantaged investment accounts for qualified higher education expenses under Section 529 of the US Internal Revenue Code. Account holders select from investment options including age-based portfolios that automatically shift toward more conservative allocations as the beneficiary approaches college age, and individual fund choices across multiple risk profiles.