American Funds ®

How to Use Your Account

CollegeAmerica FAQ

Have questions about CollegeAmerica®? Start with these answers to common questions we receive about our 529 college savings plan.







If you are not a resident of Virginia, please read the state income section of the CollegeAmerica Program Description for more information. 

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.  

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses, summary prospectuses and CollegeAmerica Program Description, which can be obtained from a financial professional and should be read carefully before investing. CollegeAmerica is distributed by American Funds Distributors® and sold through unaffiliated intermediaries.  

Depending on your state of residence, there may be an in-state plan that offers tax and other benefits not available through CollegeAmerica.   Before investing in any state's 529 plan, investors should consult a tax advisor.