The following are some best practices to follow. While we strive to keep your information and transactions safe, there are actions you can take to contribute to your own security. Safeguarding your own information: Account owner security checklist
Please report suspicious activity by calling your plan's customer service at 1-80. If you receive a suspicious message, don't click on any of the links or respond with personal information. Please know that we'll never call or email you to ask you for your login credentials. We are committed to keeping your financial information secure. We utilize a variety of controls to detect and prevent unauthorized access to our network and sensitive information. Safeguarding your assets, your personal information, and privacy is one of our fundamental priorities. Online security is a shared responsibility between you, the account owner, and us, the service provider. Our cybersecurity response program is designed to help keep your financial information safe and is intended to comply with applicable federal and state laws. Ascensus College Savings Recordkeeping Services, LLC provides recordkeeping and account processing services. serves as program manager for ScholarShare College Savings Plan (the “Plan”). The accuracy of information on those sites cannot be confirmed.Īll social media platforms are managed by the State of California. Neither the Plan nor TFI and its affiliates are responsible for the content of those other Web sites. The Plan Web site contains links to other Web sites.
TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributor and underwriter for the ScholarShare College Savings Plan. The ScholarShare College Savings Plan is offered by the State of California. Non-qualified withdrawals may also be subject to an additional 2.5% California tax on earnings. If the funds aren’t used for qualified higher education expenses, a 10% penalty tax on earnings (as well as federal and state income taxes) may apply. Investments in the plan are neither insured nor guaranteed and there is the risk of investment loss.
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You should also consult your legal or tax professional for tax advice based on your own circumstances. Please note: Before you invest, consider whether your or the beneficiary’s home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in that state’s qualified tuition program. Read and consider it carefully before investing. Speak to a ScholarShare Workplace 529 representative.įor more information about the ScholarShare College Savings Plan, call 1-80 or click here for a Plan Description which includes investment objectives, risks, charges, expenses, and other important information.
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