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ADDITIONAL BENEFITS Quick Contact Details:
Jeffrey Todd
859.899.0420
americanfunds.com/529
529 College Savings Plan
As tuition costs climb, saving early for education is one of the most important decisions parents can make.
Tax-advantaged 529 savings plans are now one of the most popular options for ensuring school expenses will be
covered when your child reaches college age.
The 529 College Savings program provides the opportunity to invest in a college savings program where assets can
grow, free from federal taxes. Withdrawals are tax free if used to pay for qualifying higher education expenses.
Any U.S. citizen or resident alien 18 years or older can open a 529 account. Usually, the beneficiary is a child,
grandchild or younger relative. However, an adult can also open a 529 plan to save for his or her own higher
education costs; there are no age limits.
For more information, please contact Jeffrey Todd at 859-899-0420.
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