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Get the resources you need to manage your existing Learning Quest plan

Schwab no longer offers the Learning Quest® 529 Education SavingsProgram to new investors. However, we will continue to support existing Learning Quest accounts. Learning Quest clients can continue to make contributions, change investment portfolio selections (once per calendar year as authorized by the IRS), take withdrawals, and change beneficiariesas well as perform other account maintenance using the forms on this page.

Fees and Expenses

Account service and maintenance

Before investing, carefully consider the plan’s investment objectives, risks, charges and expenses. This information and more about the plans can be found in the Learning Quest Guide and Participation Agreement available from Charles Schwab & Co. Inc. and should be read carefully before investing. If you are not a Kansas taxpayer, consider before investing whether your or the beneficiary’s home state offers a 529 Plan that provides its taxpayers with state tax and other benefits not available through this plan. As with any investment, it is possible to lose money by investing in this plan.

Learning Quest accounts are serviced by Charles Schwab & Co. Inc. The Learning Quest 529 Education Savings Program is managed by American Century Investment Management, Inc. The plan was created by the Kansas State Legislature under the provisions of Section 529 of the Internal Revenue Code and is administered by Kansas State Treasurer Ron Estes. The state of Kansas offers two 529 Plans. The Learning Quest 529 Education Savings Program is available through American Century Investments. The Schwab 529 College Savings Plan is available through Charles Schwab & Co. Inc. there are different investment options available under each plan, as well as different investment advisors and fee structures.

Notice: Accounts established under Learning Quest and their earnings are neither insured nor guaranteed by the state of Kansas, the Kansas State Treasurer, American Century Investments or Charles Schwab & Co. Inc. Accounts established under Learning Quest are domiciled at American Century Investment and not Schwab.

1. The earnings portion of a non-qualified withdrawal is subject to federal and state income tax and a 10% penalty. State tax treatment may vary. Check with your tax advisor for rules on your state tax treatment.

2. $100 for Kansas residents, or $50 per month ($25 per month for Kansas residents) if you establish an automatic monthly investment plan.

4. To qualify for gift-tax exclusion, contribution must be received by December 31. If you are a Kansas taxpayer and wish to take a deduction for your contribution, it must be postmarked by December 31.

5. The limit is reached when the total value of all accounts for one beneficiary reaches $325,000 through a combination of contributions and account appreciation.

6. May be subject to a federal gift tax or a generation-skipping tax. Please refer to the Learning Quest Guide and Participation Agreement for more information.

7. To qualify for the special gift tax exclusion, you need to file a gift tax return to treat the gift as if it were made in equal payments over five years. To avoid gift tax, you should make no additional gifts to the beneficiary during those five years.

American Century Investment Services, Inc. Distributor and Underwriter.