The Age-Based option is designed for families saving for children who still have years ahead of them before college. According to the age of the child, your contributions are invested in one of seven portfolios.
As the beneficiary gets older and closer to college years, your investment becomes more conservatively invested, [point to pies] shifting from equity funds to more stable bond and money market funds.
The great thing about this option is that you don’t have to worry about the asset allocation decision -- it’s already taken care of. Your Scholars Choice account is automatically moved through the series of portfolios as your beneficiary gets older.