Other Benefits for Maine Residents
Maine Administration Fee Rebate Program for Client Select Series Accounts
If either the NextGen 529 account owner or the account beneficiary is a Maine resident, an amount approximately equal to any Maine Administration Fee paid during the year will be automatically rebated to eligible accounts in the following year. To qualify, on the last business day of the calendar year the account must have a balance of at least $1,000 and must be invested in a Portfolio subject to the Maine Administration Fee. The minimum rebate amount is $2.00; amounts less than $2.00 will not be paid.