College Planning

Saving For College

529 College Plans

Plan Performance

How it works

A Fidelity Arizona College Savings Plan Account is opened on behalf of a designated beneficiary.

The plan offers federal income and Arizona state income tax-free treatment for qualified withdrawals. A qualified withdrawal is one that is used to pay for qualified higher education expenses, including tuition, books, etc. at most accredited two- and four-year colleges and universities and vocational-technical schools nationwide, and eligible foreign institutions.

You can open an account with as little as $15, if you establish an automatic investment plan with $15 a month (or $45 a quarter).

Fidelity Arizona College Savings Plan at a Glance
Minimum Initial Investment $50
Minimum Initial Investment with Automatic Investments $15 (with Automatic Investments of at least $15/month or $45/quarter)
Combined Account Maximum $350,000
Annual Account Maintenance Fee No Fee
Fees: Fidelity Funds 0.57% - 1.06% (PDF) This page will open in a popup window.. 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.. 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.. 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.. This page will open in a popup window.
Annual Report View Annual Report (PDF) This page will open in a popup window.. This page will open in a popup window.

What are my investment options?

The Fidelity Arizona plan offers a variety of investment options, including:

Three Age-Based Investment Options

  • Age-Based Portfolios invest in portfolios that are managed to a beneficiary's birth year. Fidelity offers three Age-Based Investment Options that adjust their asset allocations automatically, becoming more conservative as the beneficiary nears college age. These options provide access to Fidelity Funds, Fidelity Index Funds, and Multi-Firm Funds.

Six Static Portfolios

  • Static Portfolios invest in several different funds managed by Fidelity and have an asset mix that doesn't change over time. You may choose between portfolios invested in Fidelity Funds or Fidelity Index Funds. In Fidelity Fund Age-Based Portfolios, research and investment decisions are handled by Fidelity fund managers, Fidelity Index Age-Based Portfolios seek to mirror the performance of an index by investing in some or all of the securities contained in that index. This helps reduce management fees.

Individual Fund Portfolios

  • Individual Fund Portfolios invest in a single fund which may include equity, income and money market funds.

The Bank Deposit Portfolio*

  • The Bank Deposit Portfolio seeks the preservation of Capital
  • The Portfolio is comprised exclusively of a deposit in a FDIC-insured interest bearing bank account

*Although the underlying deposits are eligible for FDIC insurance, subject to applicable federal deposit insurance limits, the Units of the Bank Deposit Portfolio are not insured or guaranteed by the FDIC or any other government agency. You are responsible for monitoring the total amount of your assets on deposit at the depository bank, including amounts held directly at the depository bank. All such deposits held in the same ownership capacity at the depository bank are subject to aggregation and to the current FDIC insurance coverage limitation of $250,000. Please see a 529 fact kit for more details.

Bank Deposit Portfolio is not an eligible investment selection for Trust Account Registrations.

The Fidelity Arizona College Savings Plan is not insured by the State of Arizona or Fidelity Investments and neither the principal deposited nor the investment return is guaranteed by the State of Arizona or Fidelity Investments.

Periodic investment plans do not guarantee a profit or protect against a loss in a declining market.

If you or the designated beneficiary is not a resident of the state of Arizona, you may want to consider, before investing, whether your state or the beneficiary's home state offers its residents a plan with alternate state tax advantages or other benefits.

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

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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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