CHET Latino

The Connecticut Higher Education Trust (CHET) 529 College Savings Program, sponsored by the Connecticut Office of the Treasurer and managed by Fidelity Investments, is designed to assist families in saving for future educational expenses. This 529 plan is available to both residents and nonresidents of Connecticut, offering participants significant tax benefits, including potential state income tax deductions of up to $10,000 on contributions.

CHET provides a range of investment options, allowing account holders to select between age-based strategies and custom strategies tailored to individual goals. The plan has earned Morningstar's 2024 Silver Medal, underscoring its commendable performance and investment offerings. There are no annual fees or minimum contributions required to open an account, making it accessible for all families.

In addition to exceptional college savings, CHET promotes educational opportunities through programs like Baby Scholars, which provides initial funds for newborns, and the Dream Big! Competition, offering participants a chance to win savings for education. Secure and flexible, CHET is a reliable choice for future-focused families looking to navigate the costs of higher education.