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September is College Savings Month


September is College Savings Month. We wanted to let you know we are always available to answer any questions you may have about the potential benefits of 529 plans.


A few tidbits about this powerful savings/investing tool:


- While 529 plan assets can be used to pay for tuition and books, they can also pay for computers, internet access and other equipment.


- 529 plans aren’t just for college. They can be used to pay up to $10,000 per year per student for K through 12th grade programs.


- 529 assets can also be used to pay for registered apprenticeship programs and repayment of college debt.


If you’d like to learn more about how we can assist you in setting up a 529 plan, please contact our office for more information or to schedule a consultation.


Prior to investing in a 529 Plan investors should consider whether the investor's or designated beneficiary's home state offers any state tax or other state benefits such as financial aid, scholarship funds, and protection from creditors that are only available for investments in such state's qualified tuition program.


Withdrawals used for qualified expenses are federally tax free. Tax treatment at the state level may vary. Please consult with your tax advisor before investing.


Securities and advisory services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC. Longleaf Wealth Management Group, LLC and LPL Financial are separate entities.

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