FAME and its program manager or other service providers each expressly disclaim any responsibility for or liability associated with Gift of College Inc.’s products and services, including but not limited to, any transaction effected through.
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Merrill Lynch, Pierce, Fenner & Smith Incorporated (Merrill), a registered broker-dealer, registered investment adviser, Member SIPC, is the NextGen 529 Direct Series recordkeeping agent. Vestwell is the program manager The Bank of New York Mellon is the program custodian BlackRock Advisors, LLC is the program investment manager and BlackRock Investments, LLC, Member FINRA, is the program distributor and underwriter. NextGen 529 participants assume all investment risk of an investment in NextGen 529, including the potential loss of principal and liability for tax penalties that are assessable in connection with certain types of withdrawals of amounts invested in NextGen 529. Returns on investments in NextGen 529 accounts are not guaranteed or insured by the State of Maine, FAME or any NextGen 529 service providers. NextGen 529 accounts are not bank deposits and are not insured by the Federal Deposit Insurance Corporation (FDIC). If you are not a Maine resident, you also should consider whether your or your designated 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 such state’s 529 plan. The Program Description contains more complete information, including investment objectives, charges, expenses and risks of investing in NextGen 529, which you should carefully consider before investing. The Program Description should be read carefully before investing. You may obtain the NextGen 529 Program Description by requesting a copy from your financial professional, visiting or calling the program manager at 1-83.
FAME also oversees an extensive outreach and counseling program that is designed to encourage young people to aspire to and pursue higher education. FAME helps Maine students and families meet the costs associated with higher education through loan, grant, and scholarship programs. NextGen 529 is a Section 529 plan administered by the Finance Authority of Maine (FAME).
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