Introducing the NextGen Savings Portfolio!
The NextGen Savings Portfolio is a new investment option that offers you FDIC insurance up to $250,0001 combined with the flexibility and benefits of investing with NextGen.
Online Enrollment Now Available!
Now you can enroll in the NextGen Client Direct Series online!
Try Our “Quick Start” Introduction
Check out this "fast track" to getting started with NextGen.
Would you like to work with a Financial Advisor?
For the investor seeking additional assistance or a broader range of investment choices than offered through the NextGen Client Direct Series, consider the NextGen Client Select Series.
| WELCOME TO NEXTGEN... |
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| • Grandparents |
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| • Family & Friends |
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Notice Regarding Fees.
Effective January 1, 2012, the $25 annual Account Maintenance Fee will be eliminated for ALL Client Direct Series accounts.
Are You A Maine Resident?
There may be additional benefits for you, as a Maine resident, if you choose NextGen as part of your college investing plan. Click here to visit FAMEmaine.com to learn more.
Are You an Account Owner?
Get more information on account servicing and options like automatic contributions. Learn More>>
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More Questions? Visit the FAQ Page for answers to the most common NextGen and 529 Plan questions. Or contact NextGen at 1-877-4-NEXTGEN (877-463-9843) with any additional questions you might have. |
Please remember there's always the potential of losing money when you invest in securities.
Important Notice: The NextGen College Investing Plan® does not endorse or promote any third-party Web sites, referred to as “accommodators,” that provide services to facilitate contributions to a NextGen account. These accommodators may charge fees in connection with their services. Neither the Finance Authority of Maine (FAME) nor Merrill Lynch has authorized any accommodator or other third-party Web site to promote or submit contributions to a NextGen account. Anyone who chooses to contribute through these Web sites submits contributions at their own risk, and proper credit or investment to the account cannot be guaranteed or confirmed by Merrill Lynch or FAME.
If you would like to make regular automated contributions to a NextGen account, please visit the Account Servicing Forms page of our Web site for more information on the Automated Funding Service or Payroll Deduction contributions through your employer. Also, a contribution check can be mailed to FAME at any time.
1The portion of the underlying deposits in the Bank Deposit Account that is attributable to the Units held by a Participant in the NextGen Savings Portfolio or the Principal Plus Portfolio is (a) eligible for FDIC insurance coverage of up to $250,000 per Participant (calculated on a basis which aggregates that portion of the underlying deposits attributable to the Units held by the Participant in the NextGen Savings Portfolio or the Principal Plus Portfolio with all FDIC-insured assets held by the Participant at the Bank) and (b) for purposes of FDIC insurance coverage only, considered to be held in the same ownership capacity as a Participant’s other single ownership accounts held at the Bank. However, neither Units of the NextGen Savings Portfolio nor the Principal Plus Portfolio are insured or guaranteed by the FDIC or any other agency of state or federal government, FAME, the Bank or the Program Manager, nor does a Participant have a direct beneficial interest or the rights of an owner in the underlying deposits in the Bank Deposit Account. Participants are responsible for monitoring the aggregated value of the portion of the underlying deposits of the NextGen Savings Portfolio or the Principal Plus Portfolio attributable to the Units of such Portfolios held by a Participant plus their other deposits held directly with the Bank, for purposes of the $250,000 FDIC insurance coverage limit. The percentage of the Principal Plus Portfolio that is invested in the Bank Deposit Account as of the end of each month will be posted on www.nextgenplan.com/performance.html within ten business days of month-end. Deposits held in different ownership capacities, as provided in the FDIC rules, are insured separately. UGMA/UTMA Accounts are generally treated as assets of the Designated Beneficiary, and other types of trust Accounts may be treated as assets of the trustee, for purposes of the FDIC limit. Custodians of UGMA/UTMA Accounts and trustees of trust Accounts should consider how these assets will be treated for purposes of the FDIC limit. For more information, please visit www.fdic.gov.
