College Savings Plans
529 college savings plans, named after the section of the tax code that governs them, are fast becoming a college savings solution. Money saved may be used at any accredited US college or university and for all qualified higher education expenses, including room and board.
Saving for higher education may be the most valuable investment you make for the future. When you start saving may be even more important than how much you save, because even small sums can grow over time. Depending on your school choice, you may be able to save enough to pay for all of the tuition, or you may use this account to supplement financial aid and loans.
Most 529 savings plans offer a menu of stock and bond funds, and some also offer age-based portfolios with professionally managed asset allocations. Calvert Investments manages the DC College Savings Plan which is the only 529 plan in the country to offer a full range of sustainable and responsible investment options. To find out more about 529 plans or the D.C. College Savings Plan visit www.calvert.com.
Tax treatment of 529 college savings plans varies between in-state and out-state plans. Please consult your tax advisor regarding your situation.
Before investing, carefully consider the investment objectives, risks, fees and other information regarding this product. This information can be found in the official statement. You can obtain a copy from your representative. Please read carefully before investing.All products may not be available in all states. This is not an offer of securities in any jurisdiction, nor is it specifically directed to a resident of any jurisdiction. As with any security, request a prospectus. Read it carefully before you invest or send money.