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DreamAhead College Investment Plan

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We hope to begin offering this new college savings option by early 2018

DreamAhead will be a 529 college savings plan intended to complement the GET program and provide additional savings options for Washington families. DreamAhead will work differently than GET, as investment returns will be tied to financial market performance

Families interested in saving with DreamAhead will have multiple investment choices with varying degrees of customization and risk. These include "year of enrollment" options that automatically adjust the investment mix as a student gets closer to college age, as well as stand-alone options that give investors flexibility to set and adjust their investment mix as they go.

Background

In 2015, the GET Committee began exploring the option of adding a new market-based 529 college savings plan as a complement to GET. College savings plans differ from GET in that the value of an account is not based on changes in tuition but on the performance of financial markets. In 2016, the Washington State Legislature passed new legislation that provided the GET Committee with a framework for creating this plan.

The Washington Student Achievement Council (WSAC), on behalf of the GET Committee, is currently in contract negotiations with the BNY Mellon, a global investments company that WSAC selected to help run the new savings plan. An important part of this process is to determine what investment options will be available to savers.

Once negotiations are complete, we can announce more specifics on what new savings options will be available and a more exact timeframe of when the plan will open. Continue to check this webpage for updates.