![]() ![]() ![]() * Not FDIC Insured (except for 529 plans that offer an FDIC-insured portfolio) * No Bank, State, or Federal Guarantee * May Lose Value *Īscensus, 95 Wells Avenue, Suite 155, Newton, MA 02459-3204 All other trademarks are the property of their respective owners. tax matters contained in this communication cannot be used by you for the purpose of avoiding tax penalties (ii) this communication was written to support the promotion or marketing of the matters addressed herein and (iii) you should seek advice based on your particular circumstances from an independent tax advisor. Please note that (i) any discussion of U.S. Please consult your tax advisor.ĪCRS and its affiliates do not provide tax advice. Your gift contribution may have gift tax consequences or other tax implications. Account owners assume all investment risks as well as responsibility for any federal and state tax consequences.Īn account in a 529 plan is controlled by the account owner. Investment returns are not guaranteed, and you could lose money by investing in a 529 plan. When you invest in a 529 plan you are purchasing municipal securities whose value will vary with market conditions. Investment objectives, risks, charges, expenses, and other important information are included in a 529 plan's offering statement read and consider it carefully before investing. Saving just 20 a month can make a noticeable difference by helping your future student cover the cost of college and can help reduce future student loan debt. Keep in mind that state-based benefits should be one of many appropriately weighted factors to be considered when making an investment decision. While putting away as much as you can every month is ideal, that number looks a little different for everyone. You also may wish to contact directly your home state's 529 plan(s), or any other 529 plan, to learn more about those plans' features, benefits and limitations. Because their donation is routed through us, it qualifies for the UK. You also should consult your financial, tax, or other advisor to learn more about how state-based benefits (or any limitations) would apply to your specific circumstances. Your donors can claim UK and US tax relief on their donations to your college. For more information about 529 plans managed or administered by ACRS and its affiliates, call 1.877.529.2980.īefore investing in any 529 plan, you should consider whether your or the designated beneficiary's home state offers a 529 plan that provides its taxpayers with state tax and other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in the state's 529 plan. ![]() This website has been developed by Ascensus College Savings Recordkeeping Services, LLC ("ACRS") and its affiliates. ![]()
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