The Delaware College Investment Plan

The Delaware College Investment Plan is a tax-advantaged 529 college savings plan open to both residents and nonresidents. The plan is sponsored by the state of Delaware and managed by Fidelity Investments.

Tax advantages

Earnings

Any earnings grow federal and Delaware income tax deferred.

Contributions

Some states offer income tax deductions for contributions. Use the 529 state tax deduction
calculator
to learn more.

Withdrawals

Qualified withdrawals are free from federal and Delaware income taxes.

Account details

Minimum initial investment

$50, or $15/month ($45/quarter) with automatic investments

Account maximum

$350,000 per beneficiary*

Investment options

Portfolio investment strategy

Aged based: Managed for you; asset allocation automatically becomes more conservative over time.

or

Custom:  You decide how investments are distributed across different portfolios.

Learn more about your investment options.

Plan performance

View annual returns, underlying funds, and portfolio allocations

Download the annual report (PDF)

Fees

Annual account maintenance fee

None

Investment expenses

Fees vary, depending on your investment strategy:
0.56%–1.04% (Fidelity Funds)
0.11%-0.21% (Fidelity Index Funds)
0.91%–1.20% (Multi-Firm Funds)
0.05%–0.50% (Bank Deposit Portfolio)