Give a 529 Plan for the Holidays

Give a 529 Plan

A 529 plan is a tax-advantaged savings account used for education expenses. There are two big advantages to having a 529 plan. Most notably, it grows tax free, meaning that when the money is eventually used for education purposes, the investment growth will have no tax burden. In addition, you the investor may qualify for a tax deduction when you put money into a 529 plan. A new provision was added to 529 plans so they can now be used for K-12 education expense in addition to post-secondary education as well!

Schedule Your 529 Meeting Today with an Investment Advisor

Disclosures

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 investing in any state’s 529 Plan.

Securities and advisory services offered through Cetera Advisor Networks LLC, member FINRA/SIPC, a Broker-Dealer and a Registered Investment Advisor. Investments are: ∙ not FDIC/NCUSIF insured ∙ May lose value ∙ Not financial institution guaranteed ∙ Not a deposit ∙ Not insured by any federal government agency. Cetera is under separate ownership from any other named entity.

**Consult your legal or tax counsel for advice and information concerning your particular circumstances. Neither Cetera nor any of its representatives may give legal or tax advice. Before investing, the investor should consider whether the investor’s or beneficiary’s home state offers any tax or other benefits available from that state’s 529 plan.

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