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a Glance
At a Glance
Introducing a better way to pay for private college
Now, there's a new way to pay for private college that can help you reach this lofty goalIndependent 529 Plan.
Independent 529 Plan is the first private college-sponsored, national, prepaid 529 plan. Independent 529 Plan gives you a new tool to help make paying for a child's college education achievable by allowing you to lock in tuition costs at less than today's price.
This unique new way to pay for college offers the security of a
guarantee against tuition inflation, freedom from market risk*,
and the flexibility of a national programall free from federal
taxes**.
Independent 529 Plan can help make a first-rate college education affordable.
Planning for a child's college education may be one of the most significant financial decisions your family makes. Do you know how you will pay for your child's or grandchild's college education?
» How it Works
* If you take a refund, rather than redeem your certificate for
its intended purpose, the refund will be adjusted based on the net
performance of the Program Trust, subject to a maximum return of
2% per year and a maximum loss of 2% per year.
** You will not need to pay federal taxes when
making a qualified withdrawal. The law allowing for federal income
tax-free qualified withdrawals is set to expire on December 31,
2010. Congress may or may not extend this law beyond this date.
Future changes in the law may create adverse tax consequences, or
lead to termination of the Plan.
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