It's a program — sponsored by the State of South Dakota and managed by Allianz Global Investors Distributors LLC — that offers investors in all 50 states a tax-advantaged way to save for college. Click here to learn more about 529 savings plans.

An investor should consider the investment objectives, risks, and charges and expenses of the CollegeAccess 529 Plan before investing. This and other important information is in the Plan Disclosure Statement, which should be read carefully before investing, and which is available on this Web site. Click here to download a copy. Before investing, an individual should consider whether their state of residency — or their intended designated beneficiary's state of residency — offers any benefit, such as a state tax deduction, or any other benefits that are only available for investments in that state's 529 savings program. CollegeAccess 529 Plan accounts are not insured by any state, and neither the principal deposited nor any investment return is guaranteed by any state. Furthermore, the accounts are not insured, nor the principal or any investment return guaranteed, by the federal government or any federal agency.

Together with the State of South Dakota we have worked to create a flexible, feature-rich 529 plan. Compare the CollegeAccess529 Plan to other investment strategies, and you'll soon discover its many advantages, including:

• Earnings grow tax-deferred — as long as the money is kept in your account.

• Now withdrawals — used for qualified higher education expenses — are free from federal income tax.
  Qualified expenses include tuition and fees, room and board, books and other supplies. State taxes may apply to the earnings portion of any withdrawal for residents of states other than South Dakota. Speak to your tax or financial advisor.

• Use at any accredited college in any state.

• You control the money — even after the child turns "the age of majority" (yet the money is outside your estate for tax purposes).

• Ability to change the beneficiary — to any family member — or even yourself — at any time.¹

• A multi-manager plan — which utilizes mutual funds from several leading fund families. Click here to view the investment options.

• No income or age restrictions

• One of the highest balance limits currently available — $350,000.

• Low initial investment — as low as $250.¹

Even though 529 plans have no residency requirements, South Dakota residents are eligible for special benefits under the CollegeAccess 529 Plan. These include:

• Low participation costs for SD residents⁶

• A choice of 20 investment options, which utilize mutual funds from several leading fund families — not just a single fund family²

• Asset allocation recommendations by independent advisor for investment options utilizing equity funds³

• Maximum flexibility for participation as permitted by law

• Start with as little as $50 — with an additional contribution of $50 per month or a $250 initial lumpsum investment⁴

• Invest yourself or through your financial advisor.²

The mutual funds in which the Investment Portfolios invest will assess certain charges and fees, but there are no program management fees, annual account maintenance fees or any other fees or charges (other than those fees assessed by your financial advisor) for South Dakotans participating in the CollegeAccess 529 Plan. Furthermore, most of the mutual funds selected as underlying investments of the CollegeAccess 529 Plan are included at costs normally only available to institutional investors.

The investment options available have been selected with the goal of limiting the annual expense ratio for South Dakota residents investing directly (i.e. without a financial advisor) to 0.65% or less.⁵

If you need more information, e-mail us, or call toll-free —
1-866-529-7462 — to speak with an Investor Services Representative, 7:00am-7:00pm Central Time, Monday-Friday.

We invite you to learn more about the CollegeAccess 529 Plan, by exploring this Web site.

If you still have questions, speak with your financial advisor. Or click here, to
e-mail us, or call toll-free — 1-866-529-7462 — to speak with an Investor Services Representative, 8:00am-8:00pm Eastern , Monday-Friday.

1. Certain restrictions apply. See the Plan Disclosure Statement for details.