EdVest is an innovative qualified tuition program (529 Plan) that helps families across the country invest for one of their most important financial goals – their children's education. EdVest is administered by the Wisconsin Office of the State Treasurer and is managed by Wells Fargo Funds Management, LLC. With EdVest, you can open an account on behalf of a designated beneficiary. Your contributions are placed in a trust fund established by the State of Wisconsin and are directed into special investment portfolios designed and managed specifically for the program. Earnings in your account will grow federal and state tax-free in Wisconsin, as well as potentially tax-free in other states, until the time your beneficiary is ready to go to college. The funds are then available to be used to pay for qualified higher education expenses at any eligible school – including two and four-year colleges, technical, vocational, and graduate schools.