Massachusetts U.Fund College Savings Plan

College Planning

Saving For College

529 College Plans

Plan Performance

Massachusetts' 529 Plan

MEFA’s . This page will open in a popup window. U.Fund, the Massachusetts 529 college investing plan, combines tax advantages with Fidelity’s professional investment management, making the U.Fund a flexible and affordable way to save for college.

About MEFA	MEFA is a non–profit state authority that works to make higher education more accessible and affordable through community education programs, college savings plans, and low–cost financing options.
Tax Advantages	Any earnings grow tax deferred and qualified withdrawals are free from federal and Massachusetts state-income taxes.
State Tax Advantages	Check out the 529 State Tax Deduction Calculator . This page will open in a popup window.
Minimum Initial Investment	$50, or $15/month ($45/quarter) with automatic investments
Combined Account Maximum	$300,000
Annual Account Maintenance Fee	No fee
Investment Options	Three Age-Based Options Six Static Portfolios Individual Fund Portfolios Bank Deposit Portfolio* Learn more
Fees: Fidelity Funds	0.57% - 1.04% (PDF) . This page will open in a popup window.
Fees: Fidelity Index Funds	0.25% - 0.35% (PDF) . This page will open in a popup window.
Fees: Multi-Firm Funds	0.93% - 1.42% (PDF) . This page will open in a popup window.
Fees: Bank Deposit Portfolio	0.05% - 0.50% (PDF) . This page will open in a popup window.
Investment Performance	View Annual Returns
Annual Report	View Annual Report (PDF) . This page will open in a popup window.

The U.Fund College Investing Plan is offered by MEFA and managed by Fidelity Investments. If you or the designated beneficiary is not a Massachusetts resident, you may want to consider, before investing, whether your state or the designated beneficiary's home state offers its residents a plan with alternate state tax advantages or other benefits.

MEFA is a not-for-profit self-financing state authority that works to make higher education more accessible and affordable for students and families in Massachusetts through community education programs, college savings plans, and low-cost financing options.

Units of the Portfolios are municipal securities and may be subject to market volatility and fluctuation.

PDFs require Adobe^® Reader^®. This page will open in a popup window.

Please carefully consider each Plan's investment objectives, risks, charges, and expenses before investing. For this and other information on any 529 College Savings Plan managed by Fidelity, call or write to Fidelity for a free Fact Kit, or view 529 Fact Kit online. Read it carefully before you invest or send money.

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