Understand Your College Savings Options
Please consider the investment objectives, risks, charges and expenses carefully before investing. The official statement, which contains this and other information, can be obtained by calling your financial advisor.
College Savings Options We Assist With:
529 Plans
- You own the assets
- Tax-deferred growth
- Tax-free disbursement for qualified colleges
- Other Tax Benefits
UTMA Accounts
- Earnings taxed to child
- First, $1,050 unearned earnings is tax exempt
- No limits on amount you can invest
- No restrictions on using your investments
Coverdell Education Savings Accounts (ESA)
- Superior investment flexibility
- Lower Cost/Fees
- Tax-free treatment for K-12 education expenses
We take the time to assess your individual situation and which college saving options would be the most beneficial for you and your child. Contact Us to help you and your child plan for their future education.
Please note: This material has been prepared for informational purposes only and is not a solicitation or an offer to buy any security or instrument or to participate in any trading strategy. The accuracy and completeness of this information is not guaranteed and is subject to change.
Wells Fargo Advisors Financial Network and its affiliates do not provide legal or tax advice. Transactions requiring tax consideration should be reviewed carefully with your accountant or tax advisor. Any estate plan should be reviewed by an attorney who specializes in estate planning and is licensed to practice law in your state.
