Simple to use,
powerful results.


Instantly start a college fund

Answer a few questions and our robo-advice will help you set up a college fund.

  • Start a 529 plan to invest your savings tax-free. We’ll recommend a top-tier plan and help you select the right age-adjusting portfolio.
  • If you already have a 529 plan, connect it to CollegeBacker.
  • If you’re not ready to invest, start with an FDIC-insured Backer Safe.

Automate your contributions

  • Set a goal and automate your contributions.
  • Invite close family to co-manage your account.
  • Manage your fund from our website or mobile app.

Build your Backer Team

  • Customize your child’s gifting page ( and invite family and friends to contribute.
  • Share updates with your child’s Backers, especially around birthdays and holidays.

Earn cashback rewards

  • Shop at over 125 name-brand partners to earn cashback rewards.
  • Your rewards will be directly deposited into your child’s college fund.
  • Your child’s Backers can participate and help you save even more.

Watch your savings grow

  • Congratulations! You’ve done your part in securing your child’s future.
  • Now watch your savings grow as your child gets closer to college. We’ll be there for you every step of the way.

What is a 529 plan?

A 529 Savings Plan is a state-sponsored investment account that has tax advantages when used to save for education.

  • Tax-free investing

    Contributions to a 529 plan grow tax-free and can be withdrawn tax-free to pay for education.

  • Flexible and versatile

    529s can be used for higher education, K-12, apprenticeships, and student loans. You can even transfer within the family.

  • Better for financial aid

    Unlike UGMA/UTMA, a 529 plan will have a minimal impact on your child’s financial aid eligibility.

Savings calculator

See how much more you can save with CollegeBacker’s
tax-free investing, Backer Gifts, and Backer Bucks.*

My child isyears old and
I can contributeper month.

Our3family and friends
can give25per month.

And we'll earn20
in cashback per month.

CollegeBacker4.4x savings65,800
Stock Market4.4x savings26,800

* This hypothetical calculation is for illustrative purposes
only and is based on assumptions described here.

The most features with the best pricing

As the first and only robo-advisor focused exclusively on education savings, we offer the most comprehensive college savings platform for a low monthly fee.

To reach as many families as possible, we let you choose your own fee.

Brokers & traditional advisors
$1 per month per family(most choose to pay $5 per month)
Upfront commission or initial sales charge (~5%) + annual asset-based fee (~1%)
Underlying 529 plan expenses
0.14 - 0.16% per year
0.89% per year on average
Hidden Fees
Enrollment or other one-time fees
Gifting Platform
Limited with service fees or not offered
Cashback Rewards
Not offered

How much more will I save?

Compared to a broker, you could save$37,000over the life of your account.*

Your first month is free, so you have time to make sure CollegeBacker is right for your family.

* This hypothetical calculation is for illustrative purposes only and is based on assumptions described here.

Security you can trust

As an SEC-registered investment adviser, we have a fiduciary duty to put your interests first and to safeguard your personal information and money.

  • Your account is protected with bank-level encryption and security practices, including 24/7/365 monitoring.

  • Your 529 plan investments are placed in a state-sponsored account managed by national investment companies.

  • If you choose a Backer Safe, your money is FDIC-insured up to $250,000 and is held at one of the largest U.S. banks.