529 Programs

PowerAgent 529  is a real-time 529 College Savings Plan and ABLE Act recordkeeping and servicing solution used by the Program Managers servicing them.

The PowerAgent 529 product suite includes a college savings and ABLE Act recordkeeping system with integrated workflow and imaging, internet inquiry, trading and e-delivery solutions. Using real-time open industry standard technology, configurable business rules, and a customer-centric interface our clients have significantly increased efficiency and service quality. PowerAgent 529 enables Program Managers and service providers to optimize productivity and increase customer satisfaction by allowing them to control and customize their business processes.

College Savings Plans Core Capabilities

  • Add or modify funds/portfolios; investment options; age-based, and asset allocation models without additional programming
  • Automate calendar year investment option change limits validation
  • Automated checking of contribution limits
  • Configure age-based and asset allocation models to realign according to your schedule
  • Full control account types, contribution limits, investment options, age-based realignments and other parameters for your 529 plan
  • Open technology to facilitate the exchange of information with other state plan administrators, internal surround systems and third party applications
  • Regular 529 plans, Rollover 529 plans, UGMA/ UTMA and 503(c) accounts specific checks and controls
  • Store, view and export 529 beneficiary/ legal guardian information to statements and confirmations to enhance your customer service

ABLE Act Programs Core Capabilities

  • Add or modify funds/portfolios; investment options; age-based, and asset allocation models without additional programming
  • Automate calendar year investment option change limits validation
  • Automated checking of contribution limits
  • Configure age-based and asset allocation models to realign according to your schedule
  • Full control account types, contribution limits, investment options, age-based realignments and other parameters for your 529 plan
  • Open technology to facilitate the exchange of information with other state plan administrators, internal surround systems and third party applications
  • Program management at the State level allowing service providers to support multiple state programs
  • Regular 529 plans, Rollover 529 plans, UGMA/ UTMA and 503(c) accounts specific checks and controls
  • Store, view and export 529 beneficiary/ legal guardian information to statements and confirmations to enhance your customer service
  • Track basis of eligibility and type of disability

Add On Capabilities

  • PAPort – Integrated plan participants and advisors can view, trade, maintain existing accounts and establish new accounts through the internet
  • PAWorx – Integrated imaging and workflow module
  • PATools – Application programming interfaces to facilitate the real time delivery of data