CollegeBoundfund® Overview

If you are a financial advisor, log on to our advisor site to access exclusive Gift of Education tools and materials to help your clients understand the benefits of CollegeBoundfund.

American families rank saving for college as one of their most important priorities. Our recent research initiative, College Savings Crunch, has revealed that many parents are not saving enough to meet their goals. The result? Many families scramble when it comes time to pay the tuition bill, putting not only their children’s future at risk, but also their own. AllianceBernstein’s CollegeBoundfund can help.

CollegeBoundfund is a flexible, tax-advantaged 529 college savings program sponsored by the state of Rhode Island. Your investment grows federal income tax free and distributions for qualified higher education expenses* are federal income tax-free. You may also benefit from special gift tax exclusions and estate tax advantages, as well as:

  • A variety of investment choices including AllianceBernstein’s Education Strategies
  • High contribution levels
  • No income limits restricting who can participate

Note: Special benefits are available to Rhode Island residents.
 Tax Advantages
 Flexible features and contribution limits
 Compare college savings plan types
 Rhode Island Resident Benefits

 Age-Based Portfolios
 Fixed Allocation Portfolios
 Stable Value Option
 Individual Fund Portfolios

National CollegeBoundfund Program Description
Incoming Transfer/Rollover Form
BabyMintTM retailer rebate program
The AllianceBernstein Coverdell Education Savings Account
It’s Never Too Early to Start Planning for College

College Savings Crunch
Literature & Forms
Free Application for Federal Student Aid Website (FAFSA)
FAQ
Online Enrollment for Rhode Island Residents
Find an Advisor
Tax Center
CollegeBoundfund Calculator
 
*Qualified expenses include tuition, fees, room and board, books and other supplies needed to attend an institution of higher education. A 10% federally mandated penalty or additional tax applies on any earnings you withdraw for non-qualified expenses.
‡BabyMintTM is not affiliated with Alliance, CollegeBoundfund or the State of Rhode Island. An investment in CollegeBoundfund is not required to take advantage of BabyMintTM vendor discounts. Neither Alliance, the State of Rhode Island or CollegeBoundfund are responsible for the operation of the BabyMintTM program.

You should consider the investment objectives, risks, charges and expenses of the CollegeBoundfund carefully before investing. For a free copy of the Program Description, which contains this and other information, visit our Literature and Forms section, or call your financial representative or AllianceBernstein at (888) 324-5057. Please read the Program Description carefully before you invest.

If you are not a Rhode Island resident or if you have taxable income in another state, consider whether that other state offers a similar plan with favorable state income tax or other benefits not available if you invest in the CollegeBoundfund. Statements in this material concerning taxation are not offered as individual tax advice. Investors should consult with their tax advisor or contact their state tax division for more information before investing.

The investments in CollegeBoundfund are not guaranteed by the State of Rhode Island, the Rhode Island Higher Education Assistance Authority (which established and implemented CollegeBoundfund and makes rules and regulations governing the program), the Rhode Island State Investment Commission (which oversees the investments of the assets of CollegeBoundfund), the Federal Deposit Insurance Corporation (FDIC) or any instrumentality thereof. CollegeBoundfund is managed by AllianceBernstein L.P. and distributed by AllianceBernstein Investments, Inc., member FINRA.

Investment Products Offered:

Are Not FDIC Insured | May Lose Value | Are Not Bank Guaranteed

AllianceBernstein mutual funds may be offered only to persons in the United States and by way of a prospectus. This web site should not be considered a solicitation or offering of any investment products or services to investors residing outside of the United States.

AllianceBernstein Investments, Inc. is an affiliate of AllianceBernstein L.P., the manager of the funds, and is a member of FINRA.

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