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Account Service Forms

Once you open your NextGen 529 account, it’s easy to start automated funding, make account changes or handle rollover contributions and withdrawals.

Client Direct Series customers can use the forms below.

Client Select Series customers enrolled through a Merrill Lynch Financial Advisor or a Maine Distribution Agent should contact their financial advisor directly to receive the appropriate forms.

Automated Funding Service Enrollment+

Complete this form to enroll in NextGen 529’s Automated Funding Service (AFS) or to change or terminate the AFS amount for your existing NextGen 529 account.

Download the AFS Enrollment Form

Payroll Deduction Allocation+

Complete this form to initiate new payroll deduction instructions or to change current payroll deduction allocations on existing NextGen 529 accounts. The Payroll Deduction Allocation Form must be returned to Merrill Lynch. Once the form is processed by Merrill Lynch, the account owner will be sent an Authorization for Payroll Deduction Form that must be provided to the employer to begin or change payroll deductions.

Download the Payroll Deduction Allocation Form

Incoming Rollover+

Complete this form if you are rolling over all or part of the assets from another state’s Section 529 Plan or a Coverdell Education Savings Account into your NextGen 529 account. You should also use this form if you are transferring the assets in qualifying Series EE or I U.S. Savings Bonds to a NextGen 529 account.

Download the Incoming Rollover Form

Investment Change+

Complete this form to initiate an investment change to your account. This form contains instructions regarding both current and future contributions, as well as restrictions that may apply to investment changes.

You can change existing NextGen 529 assets to a new investment option twice per calendar year or when you change the beneficiary on your account. You can change how future contributions are invested at any time.

Download the Investment Change Form

Account Information Change+

Complete this form to change an address, telephone number, email address or provide notice of a legal name change.

Download the Account Information Change Form

Change of Beneficiary+

Complete this form if you want to change the current beneficiary on your NextGen 529 account to a new beneficiary.

Download the Change of Designated Beneficiary Form

Change of Participant (account owner)+

Complete this form if you would like to transfer your NextGen 529 account to a new account owner. The new account owner must also complete a NextGen 529 Direct Account Application to submit with the Change of Participant Form.

Download the Change of Participant Form

Withdrawal Request+

Complete this form to request a withdrawal from your NextGen 529 account. If you want funds to be paid to more than one payee, please complete a separate form for each payee.

You can also request a withdrawal from your Client Direct Series account over the phone. Be sure to have your NextGen 529 account number, the withdrawal amount you are requesting, payee information, and know the portfolios you would like to liquidate. Call 1-877-463-9843 to speak to a NextGen 529 representative.

Download the Withdrawal Request Form

NextGen Entity Booklet+

This booklet must be completed by Entity Participants establishing a NextGen 529 account. It must be submitted with the appropriate completed NextGen 529 Client Direct Series Account Application.

Download the NextGen Entity Booklet

Trusted Contact Person+

Complete this form to designate a trusted contact person (age 18 or older) whom Merrill Lynch may contact about your account.

Download the Trusted Contact Person Form

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