529 Plan
It is never too early or too late to start saving
for your child’s higher education costs.
Our 529 account, the Arrive Education Savings
Plan, is a comprehensive, tax-advantaged, flexible
program designed to help your family save for
a higher education at any accredited college,
university, or professional or technical school
in the nation.
Benefits of the Arrive Education Savings
Plan:
- Professional Guidance
Your UVEST
Investment Consultant will explain
your options and help you select investments
based on a thorough understanding of
your needs.
- Tax Advantages
Your investment grows tax-deferred,
creating the potential for faster asset
accumulation than in a taxable investment
plus, qualified withdrawals are free
from federal tax.*
- Flexibility
Choose from an array of investment options
designed to complement your time horizon
and risk tolerance.
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Education
Account Comparison Chart
Want to determine how much money you will need
for college. Use one of our calculators.
For more information on Personal
Finance Options, click
here to send us your questions, or contact
us at 1-800-946-4178.
* State tax treatment varies. Out-of-state 529
plans may not have the same state tax benefits
as those offered to in-state residents. The
tax law exempting earnings on qualified withdrawals
from federal income tax expires on December
31, 2010, requiring Congress to take some further
action to secure these provisions prior to this
date in order for them to remain in effect following
December 31, 2010. For withdrawals not used
for qualified higher education expenses, earnings
are subject to income taxes at the distributee's
rate plus a 10% federal tax penalty. Please
consult your tax advisor with any questions.
