Individual Investors

529 - Scholars Choice®

Don't do it alone
Let others invest in her too.

Encourage gifts to her 529
Become a 529 expert
Get up to speed on the advantages of 529 plans in our expert's corner with video tutorials and answers to other frequently asked questions about saving for college.

Become the expert
Take control with our 529 app
Research college costs, develop savings strategies and run hypothetical illustrations, all from the convenience of your smartphone with our 4College!™ College Savings Planner application, available at the App Store.

Get the app

Tackle College Savings with Scholars Choice

Paying for college is one of the biggest concerns for families with school-age children. While inflation remains tame across most of the economy, college tuition prices continue to rise, making it important to plan ahead. The tax-advantaged investment portfolios and interactive planning tools available through Legg Mason's Scholars Choice 529 college savings plan can help turn anxiety about funding college into confidence.

A Flexible Planning Tool

529 plans like Scholars Choice provide account owners, which can include grandparents, control and flexibility to employ gifting strategies for estate planning, change beneficiaries, and even take back unused balances.

Learn More

Find an Advisor

Scholars Choice is one of the leading advisor-sold 529 plans in the country. Locate a financial advisor in your area that can help choose the right strategies to jumpstart your college savings.

Learn More

A Competitive Offering

Solid investment performance, a wide variety of investment options and useful planning resources have earned Scholars Choice strong ratings from

Plan Comparison

Find out how Scholars Choice stacks up against other 529 plans

Learn More

All investments involve risk, including loss of principal. Past performance is no guarantee of future results. Please see each investment's individual web page for specific details regarding investment objective, risks, performance and other important information. Review this information carefully before you make any investment decision.

Click here for additional term definitions. An investor cannot invest directly in an index. Unmanaged index returns do not reflect any fees, expenses or sales charges. Click here for Index Definitions.

Mutual Funds:
Investors should consider the fund's investment objectives, risks, charges and expenses carefully before investing. Find this and other information in each fund's prospectus or if available, summary prospectus on the product specific pages of this website. Read it carefully before investing.

An investment in a money market fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.

Separately Managed Accounts (SMA):
Managed Accounts/Separately Managed Accounts (SMAs) are investment services provided by Legg Mason Private Portfolio Group, LLC (LMPPG), a federally registered investment adviser. Client portfolios are managed based on investment instructions or advice provided by one or more of the following Legg Mason-affiliated sub-advisers: ClearBridge Investments and Western Asset Management Company. Management is implemented by LMPPG, the designated sub-adviser or, in the case of certain programs, the program sponsor or its designee.

Closed-End Funds:
The Closed-End Funds are not sold or distributed by Legg Mason Investor Services, LLC ("LMIS") or any affiliate of Legg Mason, Inc. Unlike open-end funds, shares are not continually offered. Like other public companies, closed-end funds have a one-time initial public offering, and once their shares are first issued, are generally bought and sold through non-affiliated broker/dealers and trade on nationally recognized stock exchanges. Share prices will fluctuate with market conditions and, at the time of sale, may be worth more or less than your original investment. Shares of exchange-traded closed-end funds may trade at a discount or premium to their original offering price, and often trade at a discount to their net asset value. Net Asset Value (NAV) is total assets less total liabilities divided by the number of shares outstanding. Market Price, determined by supply and demand, is the price an investor purchases or sells the fund. Investment return, market price and net asset value will fluctuate with changes in market conditions. The Funds are subject to investment risks, including the possible loss of principal invested. Note that unlike other closed-end funds, Western Asset Middle Market Debt Fund is not publicly traded and is closed to new investors.

529 - Scholars Choice:
An investor should consider the Program's investment objectives, risks, charges and expenses before investing. The Program Disclosure Statement at, which contains more information, should be read carefully before investing. If an investor and/or an investor's beneficiary are not Colorado taxpayers, they should consider before investing whether their home states offer 529 plans that provide state tax and other benefits only available to state taxpayers investing in such plans.

Investments in the Scholars Choice College Savings Program are not insured by the FDIC or any other government agency and are not deposits or other obligations of any depository institution. Investments are not guaranteed by the State of Colorado, CollegeInvest, QS Legg Mason Global Asset Allocation, LLC, Legg Mason Investor Services, LLC, or Legg Mason, Inc. or its affiliates and are subject to investment risks, including loss of principal amount invested.

Scholars Choice® is a registered service mark of CollegeInvest. CollegeInvest and the CollegeInvest logo are registered trademarks. Administered and issued by CollegeInvest, State of Colorado. QS Legg Mason Global Asset Allocation, LLC is the Investment Manager and Legg Mason Investor Services, LLC is the primary distributor of interests in the Program; together they serve as Manager of the Program. QS Legg Mason Global Asset Allocation, LLC, ClearBridge Investments, LLC, Brandywine Global Investment Management, LLC, QS Batterymarch Financial Management, Inc., Royce & Associates, LLC, Western Asset Management Company and Western Asset Management Company Limited, and Legg Mason Investor Services, LLC are Legg Mason, Inc. affiliates. Thornburg Investment Management, Inc. is not affiliated with Legg Mason Inc. and its affiliates.

QS Investors is a combined investment platform comprised of QS Investors, LLC (QS), QS Batterymarch Financial Management, Inc. and QS Legg Mason Global Asset Allocation, LLC (QS LMGAA).


This site is intended for U.S. individual investors only. The products and services described on this site are generally not available to non-U.S. investors.

The Importance of Working with a Trusted Financial Professional
A financial professional, also known as a broker, can help you achieve your goals by providing valuable insight and guidance on economic issues, the markets, specific investment and strategies. FINRA, The Financial Industry Regulatory Authority, oversees the registered professionals and firms that sell stocks, bonds, mutual funds and other securities. We encourage you to seek out additional information on your current or prospective registered representative or Broker Dealer by going to BrokerCheck,

Legg Mason Investor Services, LLC and all entities mentioned above are subsidiaries of Legg Mason, Inc.
Copyright © Legg Mason Investor Services, LLC. Member FINRA, SIPC
Privacy Policy | Terms and Conditions | Business Continuity Plan | Notice of Identity Verification