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Don't wait to get information in the mail… Download and print our informative Program Brochure (PDF).

Remember, you can always enroll online any time.

It's easy to open an Account with MACS. The minimum contribution is $25 through check, electronic funds transfer or automatic contribution plan from you bank account.

To open an Account and begin making contributions, you should:

1. Carefully read the Disclosure Booklet and Participation Agreements and decide the type of Account you want to open from the list below:

  • Individual Account - Used to open an Account owned by an individual.
  • Entity Account - Used by trusts or estates, business entities, Internal Revenue Code Section 501 (c) (3) organizations, or state/local governments.
  • UGMA/UTMA Account - Used to open an Account by a custodian under the Uniform Gifts to Minors Act or the Uniform Transfers to Minors Act.

2 . Decide the manner in which you wish to contribute by reviewing the Investment Options available.

3 . Complete and sign the Application that corresponds to the type of account you want.

4 . Enclose a check made payable to the MACS Program or Mississippi Affordable College Savings Program.

5 . Return your completed and signed Application and your initial contribution (if you are making it by check) or your completed Payroll Deduction form to:

Mississippi Affordable College Savings Program
PO Box 55037
Boston, MA 02205-5037

You will receive a welcome kit with information about your Account.

Please note: The files above are in Portable Document Format (PDF). You must have Adobe's free Acrobat Reader software installed on your computer to download and print the PDF files. If you don't already have Acrobat Reader, you can read about and download it from Adobe's web site.

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The tax information herein is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding tax penalties. It was written to support the promotion of the Mississippi Affordable College Savings plan. Taxpayers should seek advice based on their own particular circumstances from an independent tax advisor.

Consider the investment objectives, risks, charges and expenses before investing in the Mississippi Affordable College Savings plan. For details, refer to the Disclosure Booklet containing this information. Read it carefully.

Before investing in a 529 plan, you should consider whether the state you or your designated beneficiary reside in or have taxable income in has a 529 plan that offers favorable state income tax or other benefits that are only available if you invest in that state's 529 plan.


TIAA-CREF Individual & Institutional Services, LLC, member FINRA, distributes securities products.

The State of Mississippi, its agencies, TIAA-CREF Tuition Financing, Inc., Teachers Insurance and Annuity Association of America and its affiliates do not insure any account or guarantee its principal or investment return except for TIAA-CREF Life Insurance Company’s guarantee to the Mississippi Affordable College Savings plan under the funding agreement for the Guaranteed Option. Account value will fluctuate based upon a number of factors, including general market conditions.

 

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