Enrollment Materials
It's easy to open an Account with the Mississippi Affordable College Savings (MACS) Program. You have many ways to contribute and convenient ways to enroll.
The minimum initial contribution is $25 per Investment Option you choose. The minimum subsequent contribution to an account is $25 per Investment Option. However, if you employer allows payroll deduction, the minimum subsequent contribution to an account may be as low as $15 per Investment Option per pay period.
A Variety of Ways to Contribute | Two Easy Ways to Enroll
A Variety of Ways to Contribute
- Mail a check
- Set up an automatic contribution plan
- Start payroll deduction if your employer allows
- Electronic funds transfer (includiing electronic purchase option) – requires online access
- Rollover from another 529 college savings plan
- Rollover from another college savings investment
Two Easy Ways to Enroll
To open an account and begin making contributions:
- Read the Plan enrollment brochure, enrollment book and Disclosure Booklet (PDF).
- Select the Investment Options or mix of portfolios that is right for you.
- Complete and sign the Account application (individual, custodial, entity)
- Enclose a check, made payable to the Mississippi Affordable College Savings (MACS) Program if you are making your contribution by check. (Follow instructions on the Account application if using payroll deduction, automatic contribution plan (ACP) or electronic fund transfer (EFT) for your initial contribution.)
Contributions are only permitted by personal checks, bank drafts, teller's checks and checks issued by a financial institution or brokerage account payable to the account owner and endorsed over to the Plan by the account owner, and third-party personal checks up to $10,000 endorsed over to the Plan by the account owner. -
Mail all completed documentation to:
Mississippi Affordable College Savings Program
PO Box 55037
Boston, MA 02205-5037
* Before doing a transfer or rollover from another account, be sure to consider the differences in features and costs, and possible tax consequences.
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