Before you make a contribution for a K-12 goal, consider the following:

Your contribution will be invested according to the allocation instructions on file for your account (Refer to “Change your Investment Options > Allocations for Future Contributions”). If you want to direct this contribution to a different investment option for your K-12 savings goal, you’ll first need to change your Allocations for Future Contributions, and then make the contribution.

Note: Federal law allows up to two investment allocation changes per calendar year. Changing investment allocations alters how future funds are invested within your account. You may want to consider opening a separate account for your K-12 savings goals where a different investment strategy could be chosen.

Please remember that certain investment options may be less suitable for short-term investment goals. The Age-Based options are designed to take into account a beneficiary’s age and the number of years until higher education, and are not designed for saving for K-12 tuition expenses. You should consider your investment time horizon before you select your investment options. Please see the Program Description for further information on the investment options.

Effective January 1, 2018 savings, up to $10,000 per tax year per beneficiary, in the aggregate from all 529 plan accounts held for the same beneficiary, may be withdrawn and used for expenses for tuition in connection with enrollment or attendance at an elementary or secondary public, private, or religious school K-12 Tuition Expenses without incurring federal income tax on the earnings portion of the withdrawal.

Earnings on withdrawals of up to $10,000 per tax year per beneficiary from your IDeal account used for K-12 Tuition Expenses will also be free of Idaho state income tax. If you are not an Idaho taxpayer, the state(s) where you pay income tax may differ in its state income tax treatment of K-12 Tuition Expenses. It is the account owner’s responsibility to ensure that distributions for K-12 Tuition Expenses do not exceed the limit for a beneficiary. You should consult with a tax advisor regarding your individual situation.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.

Important Legal Information

By clicking on one of the social media icons, you are leaving the IDeal website, maintained by Ascensus, and are being redirected to a social media site solely maintained by the State College Savings Program Board (“Board”). Ascensus Broker Dealer Services, LLC, the program manager for IDeal, does not monitor or endorse the Board's social media activities. All IDeal social media activities are the sole responsibility of the Board.

Mr. Thiros is a registered representative of Ascensus Broker Dealer Services LLC, 877-529-2980, 95 Wells Ave, Newton MA (member FINRA/SIPC) and is not employed by the State of Idaho.

For more information about IDeal - Idaho College Savings Program ("IDeal"), call 866-433-2533  click here to obtain a Disclosure Statement. The Disclosure Statement discusses investment objectives, risks, charges, expenses, and other important information. Because investing in IDeal is an important decision for you and your family, you should read and consider the Disclosure Statement carefully before investing.

Please Note: Before you invest, consider whether your or the beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state’s qualified tuition program. You should also consult your financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. You also may wish to contact directly your home state’s 529 college savings plan(s), or any other 529 plan, to learn more about those plans’ features, benefits, and limitations. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision.

IDeal is administered by the State College Savings Program Board ("Board"). ABD, the program manager, and its affiliates, have overall responsibility for the day-to-day operations, including investment advisory, recordkeeping and administrative services, and marketing. The Vanguard Group, Inc. ("Vanguard") serves as Investment Manager for IDeal. Sallie Mae Bank serves as the Savings Portfolio Manager for IDeal. IDeal's Portfolios invest in either: (i) mutual funds and a separate account offered or managed by Vanguard; or (ii) an FDIC-insured omnibus savings account held in trust by the Board at Sallie Mae Bank. Except for the Savings Portfolio, investments in IDeal are not insured by the FDIC. Units of the Portfolios are municipal securities and the value of units will vary with market conditions.

Investment returns will vary depending upon the performance of the Portfolios you choose. Except to the extent of FDIC insurance available for the Savings Portfolio, you could lose all or a portion of your money by investing in IDeal, depending on market conditions. Account Owners assume all investment risks as well as responsibility for any federal and state tax consequences.

Not FDIC-Insured (except for the Savings Portfolio). No Bank, State or Federal Guarantee. May lose value.