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Scholars Choice Education Savings Plan®: Important transition information
A scholarly choice for education savings is getting even smarter
We are excited to announce the Scholars Choice Education Savings Plan will soon benefit from the combined capabilities of two world-class financial organizations, TIAA and Nuveen. We invite you to review the Transition Guide to better understand the many benefits of the new Scholars Choice.
In order to implement the Plan enhancements, the Scholars Choice website, scholars-choice.com, will be temporarily unavailable over the weekend, and account transactions will NOT be processed from Thursday, July 15, at 4:00 p.m. (ET) until Monday, July 19, at 8:00 a.m. (ET). Please review the timeline the Transition Guide for complete details.
After the transition is completed, you will receive a statement reflecting the assets of the new portfolio(s) that closely match your current investment selections. If you have questions about the new investment portfolios, more information is available in the Plan Description. After the transition, you can consider your investment portfolio options with your financial professional.
Please contact 888-5-SCHOLAR (888-572-4652) or speak with your financial professional with any questions or concerns.
Scholars Choice is a registered service mark of CollegeInvest.
The Scholars Choice Education Savings Plan is offered by the State of Colorado. Effective July 19, 2021, TIAA-CREF Tuition Financing, Inc. will become the Plan Manager and Nuveen Securities, LLC as the Distributor.
There are various risks associated with an investment in the Scholars Choice Education Savings Plan; principal loss is possible. The Scholars Choice Education Savings Plan’s Investment Portfolios are subject to the risks of the underlying fund(s) in which they invest and other risks, as described in the Plan Description.
Before investing, carefully consider the investment objectives, risks, charges and expenses of the Scholars Choice Education Savings Plan, including whether the investor’s or Designated Beneficiary’s home state offers any state tax or other benefits that are only available for investment in such state’s qualified tuition program. For this and other information that should be read carefully, please request a Plan Description at 888-5-SCHOLAR (888-572-4652) or visit scholars-choice.com.
Participation in the Scholars Choice Education Savings Plan does not guarantee that the account’s assets will be adequate to cover future tuition or other higher education expenses, or that contributions and the investment return on contributions, if any, will be adequate to cover future tuition and other eligible education expenses or that a Designated Beneficiary will be admitted to or permitted to continue to attend any eligible educational institution. Contributions to an Account and the investment earnings, if any, are not guaranteed or insured.
Nuveen Securities, LLC, Member FINRA and SIPC.