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College Savings Plan Comparison Chart

Presented by Fred Burgess

 

With the cost of higher education rising annually, saving for college is on every parent’s mind. There are several vehicles designed specifically for this, including 529 state savings plans, 529 prepaid tuition plans, Coverdell education savings accounts, and custodial accounts. Each option offers different advantages and presents potential disadvantages. For more information please contact us at 1-866-260-6929 or info@regentone.com

The fees, expenses, and features of 529 plans can vary from state to state. 529 plans involve investment risk, including the possible loss of funds. By investing in a plan outside your state of residence, you may lose any state tax benefits. 529 plans are subject to enrollment, maintenance, and administration/management fees and expenses

This material has been provided for general informational purposes only and does not constitute either tax or legal advice. Although we go to great lengths to make sure our information is accurate and useful, we recommend you consult a tax preparer, professional tax advisor, or lawyer.

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Fred Burgess is a financial advisor located at Regent Financial Services, 18 Pleasant Street, Brunswick, ME 04011. He offers securities and advisory services as an Investment Adviser Representative of Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. He can be reached 207-725-6929 or at fburgess@regentone.com.