College Funding Assistance

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  03.30.11
More and more wealth over the coming years will transfer between generations as our population ages.

  03.30.11
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College Funding Assistance

Paying for college is harder than ever. In recent years, the cost of college has increased almost twice as fast as the inflation rate.

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College Funding Options

529 Plans: Dollars set aside for future college education

Earnings and Withdrawals

Earnings grow free from federal taxes and withdrawals are free from federal taxes if used for qualified higher education expenses.

Beneficiary

The beneficiary can be anyone - a child, a grandchild, a niece or nephew, a friend or even the contributor. The beneficiary may also be changed without tax consequences to another member of the beneficiary's family.

Funds

May be used for most higher education including college, graduate and post-graduate study and technical training. Tuition, room and board, books and certain other fees and expenses are all qualified higher education expenses at an eligible educational institution.

Tax/Legal Advice

Neither NEXT Financial Group, Inc. nor its representatives offer tax or legal advice.
Please consult your tax or legal professional before taking any action.

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CONTACT US

Be alerted to what's in the insurance and financial world:

khansen@WymanAssociates.com  

Options for your Future

Diversity in Investments is not having your money in a lot of companies. It is making sure your short and long term goals are met with quality strategies and understood out comes that align with your goals.

Diversity in Investments