Understand Your 529 College Savings
A child’s education is the key to their future. Whether your child has big aspirations and you want to contribute more or you want to lessen the burden on your child in the future, at Magellan Financial, we offer a variety of college savings options that can help fit both you and your child’s needs.
529 plans are one of the most popular ways of investing for a college or trade school education. They are flexible and low maintenance potential tax-deferred savings plans that anyone can qualify for.
529 College Saving Plans
- You own the assets
- Tax-deferred growth
- Tax-free disbursement for qualified colleges
- Other Tax Benefits
We take the time to assess your individual situation and to determine which college saving option would be the most beneficial for you and your child. Contact Us to confirm if a 529 College Saving Plan is right for you and your child.
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.
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.