ScholarShare Investment Board
- ScholarShare 529 Fast Facts
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About the ScholarShare Plan
The ScholarShare Investment Board sets investment policies and oversees all activities of ScholarShare, the stateís 529 college investment plan. The program enables Californians to save for college by putting money in tax-advantaged investments. After-tax contributions allow earnings to grow tax-deferred, and disbursements, when used for tuition and other qualified expenses, are federal and state tax-free. The ScholarShare Plan is managed by TIAA-CREF Tuition Financing, Inc.