College 529 Savings Plan

A 529 college savings plan is an investment account that allows you to set aside money for your child's education and let it grow tax-free. These monies will not be taxed when you take it out of the account, as long as it's used for higher education.

You can use the money in a 529 plan at any accredited college or university in the country — public or private, graduate or undergraduate. And it can be used for tuition, fees, room and board, books, supplies, and equipment.

We can help you decide if a College 529 Plan is right for you and guide you through Ohio’s maximum contribution.

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For more information, call 888-645-4121 or email

As with all tax-related decisions, consult your tax advisor.  Withdrawals for expenses other than qualified education expenses are subject to income tax and an additional 10% penalty on earnings.  You should consider a 529 Plan's fees and expenses such as administrative fees, enrollment fees, annual maintenance fees, sales charges, and underlying fund expenses, which will fluctuate depending on the 529 Plan invested in and the investments chosen within the plan.  You should also consider the inherent risks associated with investing in 529 Plans such as investment return and principal fluctuation, which will also vary based on the investments made within the plan.  More information is available in each plan’s official statement.  The official statement should be read carefully before investing.

Not FDIC Insured	Not Bank Guaranteed	May Lose Value
Not Guaranteed by any Government Agency		Not a Bank Deposit

Securities and Investment Advisory products are provided by UVEST Financial Services, Member
FINRA, SIPC and a SEC Registered Investment Advisor. UVEST and Citizens Wealth Management are independent entities.