As we all know, there is no greater foundation in life than an outstanding education. Naturally, providing for your child’s or grandchild’s education is one of your top priorities—and ours. Whether your plan includes private school (elementary, high school, college), public or private university or a vocational training school, Adaptation Financial will work with you to create a solid financial strategy that can cover tuition and related expenses.
A 529 plan helps you save up for qualified educational expenses such as tuition, certain room-and-board expenses, books, fees and supplies at most post-secondary institutions. Up to $10,000—federal income tax-free—per student can be withdrawn from the 529 plan to pay tuition at expenses at a public, private or religious elementary, middle school or high school.
To start planning for your family’s education funding needs, schedule a free consultation by calling 800-522-8727 or completing the contact form below.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses, summary prospectuses and 529 Product Program Description, which can be obtained from a financial professional and should be read carefully before investing. Depending on your state of residence, there may be an in-state plan that offers tax and other benefits which may include financial aid, scholarship funds, and protection from creditors. Before investing in any state's 529 plan, investors should consult a tax professional. If withdrawals from 529 plans are used for purposes other than qualified education, the earnings will be subject to a 10% federal tax penalty in addition to federal and, if applicable, state income tax.