529 accounts are a great way to save money for your child's college education. Before getting involved in a 529 plan you should know the pros and cons that are involved. Learn about them in this presentation from Mullooly Asset Management. http://www.mullooly.net/529-plans-know-the-pros-and-cons-involved/5307

1. Mullooly Asset Management Podcast
January 30, 2013
Mullooly Asset Management January 2013

2. Pros of 529 Accounts
One consolidated account
Some tax benefits (if child attends school in state)
Withdrawn money excluded from income to extent of
qualified higher education expenses.
Mullooly Asset Management January 2013

3. Cons of 529 Accounts
Investments often loaded with fees
Limited investment options
Limited ability to make changes
Withdrawn earnings subject to tax and 10% penalty
(if not used for qualifying expenses)
Mullooly Asset Management January 2013

4. None of the securities mentioned in this (or any) podcast or
video represent past specific recommendations of Mullooly
Asset Management.
This video is NOT a recommendation to buy or sell any of
the securities mentioned here.
If you’re relying on a podcast for investment advice, you are
likely making a huge mistake.
We strongly urge our listeners to consult with their
investment advisor before they make a decision to buy or
sell any investment.
Mullooly Asset Management January 2013

5. Mullooly Asset Management, LLC
support (at) mullooly (dot) net
732-223-9000
www.mullooly.net
Mullooly Asset Management January 2013

6. Mullooly Asset Management, LLC
support (at) mullooly (dot) net
732-223-9000
www.mullooly.net
Mullooly Asset Management January 2013