Washington Student Achievement Council banner graphic

Action Needed: Ensure that your automatic contributions continue.

Washington Student Achievement Council sent this bulletin at 01/27/2025 10:05 AM PST

DreamAhead - WA529 Invest - picture of two young children

Dear DreamAhead Account Owner:

Our records show you are currently making or have previously made automatic contributions from your paycheck to a DreamAhead College Investment Plan Account. DreamAhead will transition to a new account management system and adopt the new name of WA529 Invest on February 10, 2025. As a result, some DreamAhead banking information will change and you will need to take some action.

A letter with a Payroll Direct Deposit Form was recently sent to you with required action you must take to ensure that your payroll contributions continue uninterrupted. Please make the required changes reflected in the letter as soon as possible.

Contributions submitted by your employer on your behalf after February 6, 2025, will be returned to your employer if your payroll instructions have not been updated. Please ensure these changes are effective for pay periods beginning February 10, 2025, and onward.

Your employer’s payroll office may require one complete pay period to implement these changes, so you may experience a pay period without a payroll contribution to your Account.

We are excited about the upcoming Plan changes and apologize for any inconvenience this may cause. If you have any questions about your account, please call 844-529-5845, Monday through Friday 6:00 a.m. to 5:00 p.m. PT. For easy reference, we will post all communications about the transition to WA529enhancements.com.

Thank you again for choosing DreamAhead and welcome to WA529 Invest.

Sincerely,

Luke Minor

WA529 Director

What are the key differences that this program management transition will bring?

1. Lower fees. 2. Transition from 3 Year of Enrollment portfolios to 1 Year of Enrollment portfolio.

3. New and improved account management system and award-winning web site design. 4. Modern technology platform and mobile app.

Legal footer

Please refer to the Program Details Booklet (located at 529.wa.gov before the Transition and at 529invest.wa.gov after the Transition) before investing for its investment objectives, risks, charges and expenses and determine whether your home state offers tax or other benefits such as financial aid, scholarship funds, or protection from creditors for investing in its own 529 plan.

DreamAhead is a Qualified Tuition Program sponsored by the State of Washington and distributed by the Committee on Advanced Tuition Payment and College Savings. Vestwell State Savings, LLC serves as the Program Manager of DreamAhead.

Vestwell provides program management services to DreamAhead, including recordkeeping and administrative support. BNY Mellon Advisors, Inc., a BNY Mellon Company, provides investment advisory services to DreamAhead. Upon completion of the transition, TIAA-CREF Tuition Financing, Inc., an SEC registered investment adviser, will be the Program Manager for WA529 Invest. TIAA-CREF Individual & Institutional Services, LLC, member FINRA, will be the distributor for the plan.

Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please visit subscriberhelp.govdelivery.com.