This post was last updated on September 6th, 2016 at 05:52 pm

The Delaware College Investment Plan is sponsored by the State of Delaware and managed by Fidelity Investments. It provides parents, grandparents and others a tax-advantaged way to save for a child’s college education. Any earnings grow tax deferred and qualified withdrawals are free from federal and Delaware state income taxes. Withdrawals can be used to pay for qualified higher education expenses. The Delaware Plan offers various investment options. To obtain an enrollment kit, call the Wilmington Investor Center at 800-201-5380 or visit www.fidelity.com/delaware