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Learn more about the Principal Plus Interest Option (PPIO) transition

The Connecticut Higher Education Trust 529 College Savings Program

Sponsored by the Connecticut Office of the Treasurer and managed by Fidelity, this 529 plan is open to both residents and nonresidents.

Open a 529 account

Contact us | Ayuda en Español

Tax advantages

Connecticut taxpayers could receive a state income tax deduction of up to $10,000 on contributions made to your CHET account.

Flexible use of funds

Use for a wide variety of expenses at any accredited university, college, or vocational school nationwide—and many abroad.

Investment Choices and Performance

Access performance details and choose either an age-based strategy or a custom strategy based on your specific investment goals.

Account benefits and details

No annual fee or minimum required to open—these features and more make it easy to open and own a CHET 529 account.

Open a CHET account

Find out what you'll need before you open an account

Fund your accountLog In Required

Set up automatic contributions

Invite friends and family to gift

Learn about college planning

See if you're on track

Image of Connecticut State Treasurer Erick Russell

Connecticut Office of the Treasurer Erick Russell

The Treasurer works with organizations throughout the state to help provide programs and assistance that can empower the people of Connecticut with information and training to help them build a better future.

The CHET Baby Scholars program provides $100 toward a newborn's future college costs. Learn more

CHET is dedicated to helping Connecticut families find ways to afford the costs of higher education. Learn more about the CHET Dream Big! Competition

Security you can count on

At Fidelity, we take your security and privacy seriously. That's why we employ world-class measures to help keep your portfolio safe. Learn more

¿Necesitas ayuda en español?

Como Ahorrar Para La Educación Superior (PDF)
Para ayuda en español a tus preguntas acerca del plan, como funciona y las opciones de inversión disponibles, por favor llama al 888-799-2438. Nuestros especialistas en planificación de la educación, con la ayuda de un traductor, están disponibles para asistirte de lunes a viernes de 8 a.m. a 9 p.m. ET.

Abre una cuenta CHET
Descarga una solicitud para abrir una cuenta del plan de ahorros universitarios CHET y un paquete con los datos del plan.

We're here to help

Education planning specialists are available Monday–Friday from 8 a.m. to 9 p.m. ET.

Questions?

888-799-CHET(2438)

Connecticut Higher Education
Trust Newsroom

Facebook (@CHET529)

Facebook (@CHETLatino)

Instagram (@CHET529)

X (Twitter) (@CHET529)

Although the underlying deposits are eligible for FDIC insurance, subject to applicable federal deposit insurance limits, the units of the Bank Deposit Portfolio are not insured or guaranteed by the FDIC or any other government agency. You are responsible for monitoring the total amount of your assets on deposit at the depository bank, including amounts held directly at the depository bank. All such deposits held in the same ownership capacity at the depository bank are subject to aggregation and to the current FDIC insurance coverage limitation of $250,000. Please see your 529 Fact Kit for more details.

The Connecticut Higher Education Trust (CHET) 529 College Savings Plan - Direct Plan is offered by the Treasurer of the state of Connecticut and managed by Fidelity Investments. If you or the designated beneficiary is not a Connecticut resident, you may want to consider, before investing, whether your state or the beneficiary's home state offers its residents a plan with alternate state tax advantages or other state benefits such as financial aid, scholarship funds and protection from creditors.

Units of the portfolios are municipal securities and may be subject to market volatility and fluctuation.

Please carefully consider the plan's investment objectives, risks, charges, and expenses before investing. For this and other information on any 529 college savings plan managed by Fidelity, contact Fidelity for a free Fact Kit or view one online. Read it carefully before you invest or send money.

* Contributions no longer can be made once the total value of all accounts for the same beneficiary in any Connecticut 529 plan meet the account maximum.

529 Participants may take up to $10,000 in distributions tax free per beneficiary for tuition expenses incurred with the enrollment or attendance of the designated beneficiary at a public, private, religious elementary or secondary school, certain apprenticeship costs, or student loan repayments per taxable year. The money may come from multiple 529 accounts; however, the $10,000 amount will be aggregated on a per beneficiary basis. Any distributions in excess of $10,000 per beneficiary may be subject to income taxes and a federal penalty tax.

The third-party trademarks and service marks appearing herein are the property of their respective owners.

Fidelity does not provide legal or tax advice. The information herein is general and educational in nature and should not be considered legal or tax advice. Tax laws and regulations are complex and subject to change, which can materially impact investment results. Fidelity cannot guarantee that the information herein is accurate, complete, or timely. Fidelity makes no warranties with regard to such information or results obtained by its use, and disclaims any liability arising out of your use of, or any tax position taken in reliance on, such information. Consult an attorney or tax professional regarding your specific situation.

Fidelity Investments sponsors the CHET accounts on various social media platforms including (but not limited to) Facebook, Instagram, Twitter, YouTube, Reddit, Pinterest which are collectively referred to as "social media platforms." Other Fidelity entities or partners may also publish content on CHET's social media platforms. You can easily find CHET social content by searching for "CHET" or "CHET 529" or #CHET529.

Fidelity Brokerage Services is not authorized to solicit brokerage products and services outside the U.S. and our social media are intended for U.S. persons only.

Our moderators are online during open market hours (M–F, 9:30am to 4pm ET). If you need immediate assistance with your CHET account, please call 888-799-2438 for English support or 888-799-2438 for Spanish support.

Fidelity is not affiliated with any social media platforms and is not responsible for social media platforms' operations or services. Fidelity does not expressly or implicitly adopt or endorse any of the expressions, opinions or content posted by fans or any third parties on its accounts on social media platforms. Fidelity does not control, serve, adopt or endorse any advertising, messages, or content that social media platforms may display on its site or on Fidelity's pages on social media platforms. Fidelity does not adopt or endorse any products, services, advertisements, recommendations, or statements, or any other content that may appear on social media platforms or on other affiliated sites. No part of any Fidelity account on social media platforms is intended to make a recommendation or state a testimonial for or about a security, service or product, or to provide investment, tax or any other advice.

Your privacy is important. Fidelity's privacy policy is at https://go.fidelity.com/privacy

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This is for persons in the US only.

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We're here to help

Dedicated education planning specialists are available Monday–Friday from 8 a.m. to 9 p.m. ET at 888-799-CHET (2438).

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¿Necesitas ayuda en español?

Como Ahorrar Para La Educación Superior (PDF)

Para ayuda en español a tus preguntas acerca del plan, como funciona y las opciones de inversión disponibles, por favor visita nuestro sitio web en español o llama al 888-799-2438 y uno de nuestros representantes con la ayuda de un traductor, están disponibles para asistirte de lunes a viernes de 8 a.m. a 9 p.m. hora del Este de EE. UU.

Abre una cuenta CHET

Descarga una solicitud para abrir una cuenta del plan de ahorros universitarios CHET y un paquete con los datos del plan.

close

Account benefits and details

Minimum required to open

$0

Annual account fee

$0

Automatic deposit

$15 monthly minimum

Account maximum

$550,000 effective October 1, 2022*

Plan application & fact kit

View the plan Fact Kit (PDF) and download the application and supporting documents.

Making payments

The Distribution Guide for Colleges and Universities (PDF) provides instructions instructions for making payments to a school.

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Investment choices and performance

Investment options

Learn more about the investment options available for your CHET account.
You can change the investment instructions on your future contributions at any time. But under federal tax rules governing 529 plans, you can reallocate your current plan's investments only twice per calendar year or whenever you change beneficiaries, without incurring federal taxes.

Investment expenses

Fees vary, depending on your investment strategy:
0.10%–0.20% (Fidelity Index Funds)
0.40%–0.60% (Fidelity Blend)
0.47%–0.95% (Fidelity Funds)
0.05%–0.50% (Bank Deposit Portfolio)

For fee details, please view the plan Fact Kit (PDF).

Plan performance

View information on the funds' short-term performance since inception date of February 2, 2021 (when the funds were established at Fidelity), or average annual total returns by month or by quarter. Portfolio composition, including underlying fund(s) and asset allocations, can be viewed online under the Compositions tab, or in the CHET Fact Kit (PDF).

Download the annual report (PDF)

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Flexible use of funds

Postsecondary expenses

Money withdrawn from the 529 plan account can be used for a wide range of qualified higher education expenses, such as room and board, tuition, books, and computer equipment.

K-12 expenses

In addition to college expenses, you can also spend up to $10,000 per year on tuition expenses for elementary, middle, and high school—private, public, or religious.

Other higher education expenses

Effective January 1, 2019 qualified distributions can also include repayment of up to $10,000 in qualified student loans, and expenses for certain apprenticeship programs.

Up to $10,000 over the lifetime of the beneficiary or sibling of the beneficiary.

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Tax advantages

Earnings

Any earnings grow federal and Connecticut income tax-deferred.

Contributions

Contributions are deductible for Connecticut income tax purposes up to $5,000 per year for a single return or $10,000 per year for a joint return. If you exceed this amount, you can carry over the excess amount for the 5 taxable years following the deduction.

Withdrawals

Qualified withdrawals are free from both federal and Connecticut income taxes.

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Important Information
Virtual Assistant is Fidelity’s automated natural language search engine to help you find information on the Fidelity.com site. As with any search engine, we ask that you not input personal or account information. Information that you input is not stored or reviewed for any purpose other than to provide search results. Responses provided by the virtual assistant are to help you navigate Fidelity.com and, as with any Internet search engine, you should review the results carefully. Fidelity does not guarantee accuracy of results or suitability of information provided.

Keep in mind that investing involves risk. The value of your investment will fluctuate over time, and you may gain or lose money.

Fidelity does not provide legal or tax advice, and the information provided is general in nature and should not be considered legal or tax advice. Consult an attorney, tax professional, or other advisor regarding your specific legal or tax situation.

Fidelity Brokerage Services LLC, Member NYSE, SIPC, 900 Salem Street, Smithfield, RI 02917

796549.1.0

The Connecticut Higher Education Trust 529 College Savings Program

Why open a CHET 529 college savings plan?

Getting started is easy

About the State of Connecticut and additional programs offered by CHET

Connecticut Office of the Treasurer Erick Russell

Baby Scholars

Dream Big! Competition

Security you can count on

¿Necesitas ayuda en español?

We're here to help

Account benefits and details

Investment choices and performance

Flexible use of funds

Tax advantages

	Facebook (@CHET529)
	Facebook (@CHETLatino)
	Instagram (@CHET529)
	X (Twitter) (@CHET529)

Minimum required to open	$0
Annual account fee	$0
Automatic deposit	$15 monthly minimum
Account maximum	$550,000 effective October 1, 2022*
Plan application & fact kit	View the plan Fact Kit (PDF) and download the application and supporting documents.
Making payments	The Distribution Guide for Colleges and Universities (PDF) provides instructions instructions for making payments to a school.

Investment options	Learn more about the investment options available for your CHET account. You can change the investment instructions on your future contributions at any time. But under federal tax rules governing 529 plans, you can reallocate your current plan's investments only twice per calendar year or whenever you change beneficiaries, without incurring federal taxes.
Investment expenses	Fees vary, depending on your investment strategy: 0.10%–0.20% (Fidelity Index Funds) 0.40%–0.60% (Fidelity Blend) 0.47%–0.95% (Fidelity Funds) 0.05%–0.50% (Bank Deposit Portfolio) For fee details, please view the plan Fact Kit (PDF).
Plan performance	View information on the funds' short-term performance since inception date of February 2, 2021 (when the funds were established at Fidelity), or average annual total returns by month or by quarter. Portfolio composition, including underlying fund(s) and asset allocations, can be viewed online under the Compositions tab, or in the CHET Fact Kit (PDF). Download the annual report (PDF)

Postsecondary expenses	Money withdrawn from the 529 plan account can be used for a wide range of qualified higher education expenses, such as room and board, tuition, books, and computer equipment.
K-12 expenses	In addition to college expenses, you can also spend up to $10,000 per year on tuition expenses for elementary, middle, and high school—private, public, or religious.
Other higher education expenses	Effective January 1, 2019 qualified distributions can also include repayment of up to $10,000 in qualified student loans, and expenses for certain apprenticeship programs.
Up to $10,000 over the lifetime of the beneficiary or sibling of the beneficiary.

Earnings	Any earnings grow federal and Connecticut income tax-deferred.
Contributions	Contributions are deductible for Connecticut income tax purposes up to $5,000 per year for a single return or $10,000 per year for a joint return. If you exceed this amount, you can carry over the excess amount for the 5 taxable years following the deduction.
Withdrawals	Qualified withdrawals are free from both federal and Connecticut income taxes.