ScholarShare

Learn about California’s 529 College Savings Plan, also known as ScholarShare.

The ScholarShare College Savings Plan is designed to help and encourage families to save for future qualified higher education expenses.

Advantages:

• Contributions are made with money that has already been taxed.
• Once funds are placed in the account, any investment earnings — if withdrawn to pay for qualified higher education expenses — are not federally or state taxed.

Withdrawal of funds

Students, you can request a distribution (withdrawal) from your California 529 College Savings Plan.