Every family knows that it’s important to start saving early for their kid’s education. But many don’t know where to start.
529 plans are poplar tools for investing towards education. These plans are different from other savings plans. 529 savings plans offer attractive tax benefits to make it easier for families to save for future training costs. The tax-free growth and tax-free withdrawals helps parents keep up with the increasing costs of education.
To see if a 529 account will work for you and your specific situation, please call the office. We'd love to help.
Investors should consider the investment objectives, risks, charges and expenses associated with municipal fund securities before investing. This information is found in the issuer's official statement and should be read carefully before investing.
Investors should also consider whether the investor’s or beneficiary’s home state offers any state tax or other benefits available only from that state’s 529 Plan. Any state-based benefit should be one of many appropriately weighted factors in making an investment decision. The investor should consult their financial or tax advisor before investment in any state's 529 Plan.