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Account Changes and Information
Q. Can I change the beneficiary (student) designated on
my account?
A. Yes. The account owner may change the beneficiary
(student) on the account by submitting a written request.
The account owner must sign the request. Click here for the
Beneficiary Change Form.
A beneficiary change to a family member is a non-taxable
event and is not subject to federal income tax or the
additional 10 percent federal tax. The plan does not charge
a fee to change the beneficiary.
A family member is defined as a person related to the
beneficiary as follows:
- A son or daughter, or a descendant of
either
- A stepson or stepdaughter
- A brother, sister, stepbrother or
stepsister
- The father or mother, or an ancestor of
either
- A stepfather or stepmother
- A son or daughter of a brother or sister
- A brother or sister of the father or
mother
- A son-in-law, daughter-in-law,
father-in-law, mother-in-law, brother-in-law, or sister-in-law
- The spouse of any of the foregoing
individuals, including the beneficiary
- A first cousin of the beneficiary
For this purpose a child includes a legally adopted child
and a brother or sister includes a half-brother or a
half-sister.
Q. Can I transfer my account to another account owner?
A. Yes. The current account owner may name a new account
owner by submitting a signed, notarized request. Click here
for the Account Owner Change
Form.
You may change the account owner without being subject to
federal income tax or the additional 10 percent federal tax.
The plan does not charge a fee to change the account owner.
When you transfer account ownership, you are not required
to change the designated beneficiary (student).
Q. How can I access information about my Florida
College Investment Plan?
A. You will receive quarterly statements confirming
account activity, and you may access information about your
account, including the current account balance, in several
ways:
- Call 1-800-552-GRAD (4723) and ask
customer service for assistance.
- Call 1-800-552-GRAD (4723) and access the
automated information system.
- Click on Access My
Account.
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