VIRGINIA RESIDENTS ONLY

               REDUCE YOUR VIRGINIA STATE INCOME TAX EVEN MORE

   For VIRGINIA residents age 70 or older who own a 529 Education Savings Plan for, say their grandchildren, may deduct the entire amount of any contribution from their Virginia taxable income in the year contributed and use carry forward into future years.

   Other wise, Virginia allows an Account Owner to deduct from Virginia taxable income up to $2000 of contributions, including any rollover contributions, per year per Account in the year the contribution was made or in a future year. Any amounts over the $2000 may be incrementally deducted in future years until fully deducted.

   Both Virginia and non-Virginia residents should consult their state tax advisors for more information regarding their state specific tax treatment of CollegeAmerica Accounts and other education savings plans.

 " The combination of the Virginia College Savings Plan and American Funds makes CollegeAmerica a plan everyone investing for college should consider.”
—Diana Cantor, Executive Director, Virginia College Savings Plan

                                 Serving Investors Since 1961