ScholarShare Investment BoardThe ScholarShare Investment Board sets investment policies and oversees all activities of ScholarShare, the state’s 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.
Tax-Free Growth on Funds used for college/post-secondary educational expenses
To promote the importance of going to college and saving for college with the State’s tax-advantaged 529 college savings plan