Automatic 529 plan contributions | Invesco

Learn how putting your 529 plan on autopilot can contribute to their dreams.

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Consistency is key

The frequency and amount of your contributions have a big effect on your 529 account's overall growth. Instead of making 12 monthly payments per year, consider splitting the total into biweekly contributions. Doing so allows you to contribute more over time so that money can grow.

Use the graph below to see how small increases can make a big difference in your total savings.

Amount saved per month:

Amt/month ($)	5 years	10 years	18 years
25	1737.14	4061.84	9523.99
50	3474.29	8123.67	19047.97
75	5211.43	12185.51	28571.96
100	6948.58	16247.34	38095.94
125	8685.72	20309.18	47619.93
150	10422.87	24371.02	57143.91
175	12160.01	28432.85	66667.9
200	13897.16	32494.69	76191.88

Automatic investment plans (AIP) or pre-authorized contributions (PAC) are regular contributions from your bank account to your investment account at set periods of time.

Because there are no minimum contributions for your CollegeBound 529 account, you can choose a consistent amount that helps you turn those big education dreams a future reality.

Automatic contribution amounts are flexible and can change when you need them to. Start at any amount and increase your contributions as your financial situtation changes over time.