How can I access my CHET account?
Visit the CHET Direct website: www.aboutchet.com. Call the CHET Direct toll-free telephone center, 1-888-799-CHET (2438), Monday through Friday between 8 am and 9 pm.
Is Chet now fidelity?
In February, all CHET accounts automatically moved from the previous program manager, TIAA, to Fidelity Investments. Fidelity was selected to be the new program manager for CHET because of the experience we can provide to help Connecticut families reach their education savings goals.
How do I open a 529 plan in CT?
Sponsored by the Connecticut Office of the Treasurer and managed by Fidelity, this 529 plan is open to both residents and nonresidents.
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Account benefits and details.
| Minimum required to open |
$0 |
| Automatic deposit |
$15 monthly minimum |
| Account maximum |
$300,000 per beneficiary* |
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When did Fidelity take over Chet?
Investment earnings are exempt from state and federal taxes if used for qualified educational expenses. The CHET Direct plan will be managed by Fidelity Investments starting in February 2021.
How much can I contribute to a CT 529 plan?
Can grandparents deduct 529 contributions in Connecticut?
CHET Contributions and Deductions
Anyone can contribute to a Section 529 plan—parents, grandparents, or other relatives—and there's no income limitation.
Are 529 contributions tax deductible in CT?
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.