1Earnings on nonqualified withdrawals may be subject to federal income tax and a 10% federal penalty tax, as well as state and local income taxes. The availability of tax or other benefits may be contingent on meeting other requirements. State tax treatment of withdrawals used for i) expenses for tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school, ii) expenses related to apprenticeship programs, or iii) student loan repayments is determined by the state(s) where the taxpayer files state income tax. Federal and state tax laws are subject to change, please consult with a tax advisor.
2A $15 minimum is required for Ugift® contributions.
3Upromise member must Verify the account Email Address and link an eligible 529 College Savings Plan to receive the $30.29 Bonus cash back rewards. Bonus is awarded as $5.29 for email verification and $25.00 for 529 account linking. Upromise member's cash back rewards account balance must meet the minimum transfer amount to be eligible for transferring cash back rewards into a linked 529 account. Bonus available for new Upromise members only.
Upromise is an optional program offered by Upromise, LLC, is separate from the USAA 529 Education Savings Plan, and is not affiliated with the State of Nevada. Terms and conditions apply to the Upromise program. Participating companies, contribution levels, and terms and conditions are subject to change at any time without notice. Transfers from Upromise to a USAA 529 Education Savings Plan account are subject to a $50 minimum.
Upromise and the Upromise logo are registered service marks of Upromise, LLC.
4529 plan asset transfers will require you to liquidate your current 529 plan investments prior to transferring the assets to Victory Capital. This liquidation may have tax consequences. Please consult your tax advisor for guidance on your specific situation.
There are limits on how often you can transfer 529 plan assets. Contact your current plan administrator for more details.
Certain restrictions apply for Victory Capital’s bonus programs. Please click here for more details.
All investing involves risk, including potential loss of principal.
Carefully consider the investment objectives, risks, charges and expenses of the USAA 529 Education Savings Plan (Plan) before investing. Visit www.vcm.com/prospectus for a Plan Description and Participation Agreement containing this and other important information about the Plan from Victory Capital Services, Inc., Underwriter and Distributor. Read it carefully before investing. You should compare the Plan with any 529 Plan offered by your home state or your beneficiary’s home state and consider, before investing, any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in the home state’s plan.
Victory Funds and the USAA 529 Education Savings Plan (Plan) are distributed by Victory Capital Services, Inc. (VCS). VictoryShares ETFs are distributed by Foreside Fund Services, LLC (Foreside). VCS is not affiliated with Foreside or USAA. USAA and the USAA 529 Education Savings Plan logo are trademarks of United Services Automobile Association and are being used under license.
Interests in the USAA 529 Education Savings Plan(Plan) are municipal fund securities issued by the Nevada College Savings Trust Fund (Trust). The value of an investment in the Plan will vary with market conditions. The Plan is administered by the Nevada State Treasurer, Zach Conine. Victory Capital Management Inc. provides investment management services, and Victory Capital Services, Inc. markets and distributes the Plan. Ascensus Broker Dealer Services, Inc. serves as the Program Manager as well as effects account owner transactions in the Plan. Interests in the Plan are not guaranteed by the Trust, the Plan, the state of Nevada, the Board or any other governmental entities, or any USAA, Victory or Ascensus entities and you could lose money.
There is a $10 annual fee that may be waived once you invest at least $50 per month through automatic investments or reach an account balance of $1,000. Additionally, there is a fee up to 0.12% paid to the State of Nevada Board for sponsoring the plan.
Investing in securities products involves risk, including possible loss of principal. The return and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Automatic investment plans don't assure a profit or protect against loss in declining markets.
Distributed by Victory Capital Services, Inc.
Not FDIC Insured • May Lose Value • No Bank Guarantee