Save Now to Give Your Child More Options Later

Higher education can lead to a better job and better pay. You can give your child more options when it’s time for higher education by planning ahead for future education expenses. Start saving now by opening a NextGen 529 account!

Josslyn Windham, ME

Josslyn
Windham, ME

Sophia & Amany Vassalboro & Augusta, ME

Sophia & Amany
Vassalboro & Augusta, ME

Holly & Liam Scarborough, ME

Holly & Liam
Scarborough, ME

New Supplements to the Program Descriptions are now available

Review the Supplements to each Series for important updates.

program descriptions

Request for Responses—NextGen 529® Investment and/or Industry Consultant

Deadline for responses is 3:00 p.m. EST on Friday, July 19, 2024. See details at FAMEmaine.com.

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For College…
Plus a Whole Lot More

NextGen 529 accounts do more than help you save for a four-year college education. They can be used to pay for two-year associate degree programs, trade schools, even qualified online courses—at home or abroad. Learn more about how you can use a NextGen 529 account by clicking the button below.

VISIT PLAN HIGHLIGHTS
Trade School
Tech School
Private and Public College
Apprenticeships
Home or Abroad
Online Courses
Books and Supplies
Room and Board

For College…
Plus a Whole Lot More

Next 529 accounts do more than help you save for a 4-year college education. They can be used to pay for 2-year associate degree programs, trade schools, even qualified online courses—at home or abroad.

NextGen 529 accounts do more than help you save for a four-year college education. They can be used to pay for two-year associate degree programs, trade schools, even qualified online courses—at home or abroad. Learn more about how you can use a NextGen 529 account by clicking the button below.

Trade School
Tech School
Private and Public College
Apprenticeships
Home or Abroad
Online Courses
Books and Supplies
Room and Board

For College…
Plus a Whole Lot More

NextGen 529 accounts do more than help you save for a four-year college education. They can be used to pay for two-year associate degree programs, trade schools, even qualified online courses—at home or abroad.

NextGen 529 accounts do more than help you save for a four-year college education. They can be used to pay for two-year associate degree programs, trade schools, even qualified online courses—at home or abroad. Learn more about how you can use a NextGen 529 account by clicking the button below.

Trade School
Tech School
Private and Public College
Apprenticeships
Home or Abroad
Online Courses
Books and Supplies
Room and Board
VISIT PLAN HIGHLIGHTS
Video Still for For College—And So Much More! Video Still for For College—And So Much More!
The good just adds up. Here’s how.
Funds in a NextGen 529 account can be used for so many different kinds of education.
play video

Which 529 Account Is Right for You?

NextGen 529 offers three types of accounts

Group 545@2x

Simplified Savings

The Connect Account

SIMPLIFIED SAVINGS

The Connect Account

Group 545@2x

Made for those of us who want to open an account ourselves and are looking for a more streamlined, simplified choice.

Connect Account Features:

  • Streamlined investment choices
  • Easy to view account platform
  • Emergency savings option with Vestwell, managed on the same online platform
LEARN ABOUT THE CONNECT ACCOUNT
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Group 605@2x

SELF-DIRECTED

The Direct Account

SELF-DIRECTED

The Direct Account

Group 605@2x

Designed for those of us who want more choice and control over investment options for an account.

Direct Account Features:

  • Multiple investment options
  • Hands-on account control
  • Self-directed savings choices
LEARN ABOUT THE DIRECT ACCOUNT
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Group 267@2x

ADVISOR-MANAGED

The Select Account

ADVISOR-MANAGED

The Select Account

Group 267@2x

Created for those of us who prefer to work with a financial advisor and want to customize their investing.

Select Account Features:

  • Multi-manager investment options
  • Advisor and investor account platforms
  • Advisor-managed savings choices
LEARN ABOUT THE SELECT ACCOUNT
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Compare Account Types

Which 529 Account Is Right for You?

NextGen 529 offers three types of accounts

CONNECT ACCOUNTS

I’m new to investing and want a simplified approach

You want to open an account yourself and don’t want to choose from a lot of investment options. Connect Accounts can be a great way to get started investing for higher education.

LEARN ABOUT CONNECT ACCOUNTS

DIRECT ACCOUNTS

I’ll choose and manage my own investments

You want to open an account yourself and build a college savings plan that works for you. Direct Accounts offer several investment options, offering flexibility to suit your family’s savings goals.

LEARN ABOUT DIRECT ACCOUNTS

SELECT ACCOUNTS

I’ll work with a financial advisor

If you prefer to work with your financial advisor, speak with them about opening a Select Account. Select Accounts offer a wide array of investment options and are offered through a financial advisor.

LEARN ABOUT SELECT ACCOUNTS

CONNECT ACCOUNTS

I’m new to investing and want a simplified approach

You want to open an account yourself and don’t want to choose from a lot of investment options. Connect Accounts can be a great way to get started investing for higher education.

LEARN ABOUT CONNECT ACCOUNTS

DIRECT ACCOUNTS

I’ll choose and manage my own investments

You want to open an account yourself and build a college savings plan that works for you. Direct Accounts offer several investment options, offering flexibility to suit your family’s savings goals.

LEARN ABOUT DIRECT ACCOUNTS

SELECT ACCOUNTS

I’ll work with a financial advisor

If you prefer to work with your financial advisor, speak with them about opening a Select Account. Select Accounts offer a wide array of investment options and are offered through a financial advisor.

LEARN ABOUT SELECT ACCOUNTS

GRANTS FOR MAINE RESIDENTS

It’s Good to Be a Mainer

There’s grant money available for Maine residents. These grant programs can really boost your savings.1

$500 Alfond Grant for Maine Babies
$500 Alfond Grant for Maine Babies

A $500 grant toward future higher education expenses for all babies born Maine residents.2

VISIT ALFOND GRANT
$100 Initial Matching Grant
$100 Initial Matching Grant

Open your account, add $25 and get a $100 Initial Matching Grant.

VISIT INITIAL MATCHING GRANT
$100 Automated Funding Grant
$100 Automated Funding Grant

Set up and make six consecutive automatic contributions from your payroll or bank account and get a $100 Automated Funding Grant.

VISIT AUTOMATED FUNDING GRANT
30% NextStep Matching Grant
30% NextStep Matching Grant

Make contributions and get a 30% NextStep Matching Grant up to a $300 match per year.

VISIT NEXTSTEP MATCHING GRANT

COLLEGE SAVINGS GUIDE

Planning Ahead Makes All the Difference

Education after high school can open a world of possibility for you or your child. It can also seem a little overwhelming at times. To help you get started, we’ve pulled together a series of articles that will teach you the ins and outs of saving and paying for education after high school.

EXPLORE COLLEGE SAVINGS GUIDE

BrokerCheck by FINRA

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1Grants for Maine Residents are linked to eligible Maine accounts. An Alfond Grant recipient is eligible to receive the $100 Initial Matching Grant if the minimum required initial contribution is made before the beneficiary’s first birthday. Upon withdrawal, grants are paid only to institutions of higher education. See Terms and Conditions of Maine Grant Programs for other conditions and restrictions that apply. Grants may lose value.

2The Alfond Grant is not automatic in all circumstances and is also available in limited other circumstances. The use of the Alfond Grant is also subject to certain restrictions – see Alfond Grant Guidelines.

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