Same CHET program.
New benefits.

Now with Fidelity's program management, you get even more.

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.

Let us help you get started.

Here's your checklist:	▢ ACTIVATE your account today. ▢ REVIEW your investments and easily make changes. ▢ MANAGE it by setting up automatic contributions or moving money. ▢ PLAN with the tools in our Planning & Guidance Center.

You were mailed a CHET account profile letter from Fidelity, one for each account, which contained important information like account number and beneficiary. Keep your letter(s) on hand for the activation process.

New to Fidelity?

Set up your online access.
Click on the "Account balances" link from the "Welcome to Fidelity" screen.
If you own one CHET account, you will automatically be directed to activate the account. Follow the instructions.

If you own more than one CHET account, select "Activate" next to one of your CHET accounts. Follow the instructions. Repeat these steps for your remaining accounts.

Watch this helpful video on how to activate (1:59)

Existing Fidelity customers

Visit your All Accounts summary pageLog In Required.
Select "Activate" next to your CHET account. Follow the instructions.

If you own more than one CHET account, repeat these steps for your remaining accounts.

Watch this helpful video on how to activate (1:53)

At Fidelity, we have a long history of providing our clients with a wide range of high-quality products at a great value. The CHET program reflects our ongoing commitment to delivering exceptional value.

Your assets are invested in the Fidelity portfolio that most closely aligns with your prior investment goals. For example, TIAA's Age Band 0–4 portfolio was mapped to Fidelity's 2036 Blend Fund.

Investment options and changes

Learn about the available investment choices, IRS rules, and how to make changes.

Performance

View information on performance since inception (short-term) or average annual total returns.

Fees

Fees range from 0.05%–0.95%, depending on your investment strategy.

Standing allocations

Review your standing investment allocations and update as needed.

TIAA Principal Plus Interest Option (PPIO)

Learn how your prior investments will be treated.

View my CHET accountLog In Required

Keep your contributions on track

You can set up automatic contributions from a checking or savings account.
You can also set up direct deposit from your employer by providing your updated CHET account number or using Fidelity's form (PDF).
Sign up for college gifting online to share a link with friends and family.

Note: Your CHET account number has been updated and is different from the account number you had with TIAA.

Learn about college planning

Access a library of courses, articles, and videos to learn more about planning and saving for college.

Are you on track?Log In Required

Access the Planning & Guidance Center to plan for college as part of this comprehensive financial tool.

Manage your account

Can I make contributions through direct deposit with my employer? If I do that, will my contributions be made pre-tax?

Yes, if your employer offers direct deposit, you can add your 529 account as a destination account by using the direct deposit form from your employer. Or, you can provide Fidelity's form (PDF) to your employer.

The contributions are not pre-tax but they are deductible from Connecticut adjusted gross income in an amount not to exceed $5,000 for a single return or $10,000 for a joint return for that tax year. These limits apply on an aggregate basis (not a per beneficiary basis) to all contributions made to all CHET accounts during the tax year. Connecticut taxpayers may not claim a deduction for a rollover into a CHET account from a non-CHET account or for a transfer into a CHET account from a Coverdell education savings account.
Is payroll deduction available through Fidelity?

Although payroll deduction is not available, you will have the option to set up direct deposit from your employer or establish automatic contributions from your bank account (e.g., checking or savings account) after you activate your updated CHET account.
If I previously had direct deposit, automatic contributions, or scheduled distributions set up at TIAA, what steps do I need to take now?

After activating your CHET account, you'll need to provide the appropriate third party (bank or employer) with the updated routing number (101205681) and your updated CHET account number.

To set up scheduled distributions to institutions or the beneficiary, learn more about 529 withdrawals.
I had my bank account on file at TIAA. Did this information move to my updated CHET account?

No, however, you will have the ability to add your bank information after activating your updated CHET account.
Can I have part of my state tax return be deposited as a contribution into my CHET 529 account?

Yes, once your account has been activated at Fidelity, you can visit the CT Department of Revenue website for more information. You'll have to file by mail to take advantage of this option for the 2021 tax year. To establish direct deposit, you'll need your Fidelity direct deposit/direct debit routing numbers and account numbersLog In Required.
If I granted someone authority to view or act on my CHET account at TIAA, what steps do I need to take to grant them authority at Fidelity?

Once you have activated your account at Fidelity, you will need to grant them trading authority or power of attorney. Visit the account access rights overview page for more information and instructions. For advisors looking for access to use Fidelity's platform and/or refer clients, please call 800-735-3756.

CHET programs

What is the CHET Baby Scholars program?
The CHET Baby Scholars program* provides $100 for future college costs for Connecticut residents that have babies less than a year old or adopted children before the first anniversary of the adoption. Here's how it works:
- You must have or open a CHET account to be eligible.
- Once you open your account, CHET will automatically deposit $100 into your account.
What was the CHET Advance Scholarship program?

The CHET Advance Scholarship was an annual program offered by the Connecticut State Treasurer's Office to help Connecticut students pay for college.

In 2021, the CHET Advance Scholarship will be rolled into the Dream Big! program. Stay tuned for more information on the CHET Dream Big! Scholarship.

Previous recipients of the CHET Advance Scholarship with questions about their award can contact the International Scholarship & Tuition Services (ISTS) Program Support at 855-670-ISTS (4787).
What is the CHET Dream Big! Competition?

The CHET Dream Big! competition is an annual award program that gives Connecticut students in grades K-12 an opportunity to win money toward their future education. More information for enrollment dates and prizes can be found on AboutCHET.com in the Dream Big! section or at chetdreambig.com

Image of Connecticut State Treasurer Erick Russell

An annoucement from Connecticut State Treasurer Erick Russell

Fidelity Investments has been selected as the program and investment manager for the Connecticut Higher Education Trust (CHET) 529 College Savings Program.

Questions?

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

Connecticut Higher Education
Trust Newsroom

Same CHET program.
New benefits.

It's time to update your CHET account

ACTIVATE your CHET account by following these steps:

REVIEW your investments